Podcast: The Sustainable Stocks The Rich Invest In!

Ethical & Sustainable Investing News to Profit By!

The Sustainable Stocks The Rich Invest In! Includes the following articles: “10 Sustainable Investing Stocks Billionaires Are Loading Up On”; “The 2023 Humankind 100 Rankings”; “4 ESG Stocks With Net-Zero Emissions Target in the Spotlight”; “What is Renewable Energy? Benefits, Sources, and Top Companies”; “'America is going to lead again': Biden says wind and solar are already 'significantly cheaper' than coal and oil — 3 top US clean energy stocks to watch”; and “The Importance Of Sustainable And Impact Investing And 3 Companies That Shine!”

Transcript & Links, Episode 111, July 28, 2023

Hello, Ron Robins here. So, welcome to my podcast episode 111 titled “The Sustainable Stocks The Rich Invest In!” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly totally revised website at investingforthesoul.com! Tell me what you think.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode’s podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 4 article links below that time didn’t allow me to review them here.

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The Sustainable Stocks The Rich Invest In!

I’m beginning with this fascinating article titled 10 Sustainable Investing Stocks Billionaires Are Loading Up On. It’s by Ramish Cheema and found on finance.yahoo.com. Here’s some of what Mr. Cheema has to say. Note: the number of billionaires quoted is at the end of Q1 2023. Quote.

“To compile our list of billionaire sustainable stock picks we first used the Invesco MSCI Sustainable Future ETF (ERTH) and picked out the top forty companies. Then, the number of billionaires that had invested in them as of Q1 2023 was determined and the final list of top ten sustainable stocks according to billionaires is as follows.

10. Ormat Technologies, Inc. (NYSE:ORA)

Number of Billionaire Investors: 9

Ormat Technologies is a utility company that focuses primarily on generating power through geothermal sites and solar cells…

Out of [24 hedge funds], the firm's largest investor is Ian Simm's Impax Asset Management (IPX.L) with a stake worth $178 million.

9. NextEra Energy Partners, LP (NYSE:NEP)

Billionaire Investors: 9

NextEra Energy Partners is an energy company that operates in the natural gas and renewable power industries. The firm announced in May 2023 that it plans to reach Real Zero emissions by 2025 and sell natural gas assets to finance future growth.

8. NIO Inc. (NYSE:NIO)

Billionaire Investors: 9

NIO is an electric vehicle manufacturer headquartered in Shanghai, China. It makes and sells both SUVs and sedans and the firm is one of the dominant players in the growing Chinese electric vehicle market. However, a slowdown in the Chinese economy [reduced] vehicle deliveries [by] a sharp 17% annual drop…

NIO's largest hedge fund investor [out of 18 hedge funds] is Jim Simons' Renaissance Technologies since it owns ten million shares that are worth $113 million.

7. KB Home (NYSE:KBH)

Billionaire Investors: 10

KB Home is an American construction company headquartered in Los Angeles, California. As part of its sustainability push, particularly since construction uses high volumes of timber, the firm announced in July that it will partner up with a nonprofit to fund efforts seeking to preserve landscapes and forest habitats…

Among [29 hedge funds], Ken Fisher's Fisher Asset Management is the biggest shareholder with an investment of $110 million.

6. Sunrun Inc. (NASDAQ:RUN)

Billionaire Investors: 10

Sunrun is a solar power equipment provider which serves the needs of residential customers in the U.S. by providing products such as panels and energy systems…

William B. Gray's Orbis Investment Management is the largest investor [out of 27 hedge funds], courtesy of a $265 million stake that comes via 13 million shares.

5. Meritage Homes Corporation (NYSE:MTH)

Billionaire Investors: 10

Meritage Homes Corporation is a construction company that builds different kinds of single family homes in several American states. The firm’s shares… are rated Buy on average…

The largest [out of 27 hedge funds] is Ken Fisher’s Fisher Asset Management with a stake worth $128 million.

4. Darling Ingredients Inc. (NYSE:DAR)

Billionaire Investors: 11

Darling Ingredients is a food raw materials firm that focuses its efforts on ensuring that no portion of an animal is wasted during the slaughtering process…

[Out of 29 hedge funds] Darling Ingredient’s largest investor is Ian Simm’s Impax Asset Management since it owns $240 million worth of shares.

3. Enphase Energy, Inc. (NASDAQ:ENPH)

Billionaire Investors: 12

Enphase Energy sells solar power products such as microinverters, charging solutions… to residential users…

[Out of 55 hedge funds], the biggest shareholder is Jim Simons’ Renaissance Technologies through a $198 million investment.

2. First Solar, Inc. (NASDAQ:FSLR)

Billionaire Investors: 13

First Solar is an international solar power company that sells products including solar modules to large scale users such as utilities, commercial, and industrial users. Its shares are rated Buy on average…

[Out of 39 hedge funds] First Solar’s largest investor [is] Jim Simons’ Renaissance Technologies with a $312 million stake.

1. Tesla, Inc. (NASDAQ:TSLA)

Billionaire Investors: 15

The firm has been facing mixed sentiment from Wall Street in July 2023 after a spectacular stock rally earlier this year.

[Out of 82 hedge funds] D. E. Shaw’s D E Shaw is the biggest shareholder through its $1.2 billion investment.” End quotes.

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The 2023 Humankind 100 Rankings

The corporate ranking data in this next piece The 2023 Humankind 100 Rankings will be of great interest to most of you. Here’s a brief description of what it's about. Quote.

“Humankind 100 companies tend to contribute positively to humanity, for example by providing access to food, clean water, healthcare, or free digital services. Meanwhile, companies that hurt people, for example by contributing significantly to climate change or selling toxic products, tend to not make it on to the list.” End quotes.

Do have a look at the ranking! The top five companies are Alphabet (GOOG), Microsoft Corp. (MSFT), Eli Lilly & Company (LLY.TI), Johnson & Johnson (JNJ), and Abbvie Inc. (ABBV).

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4 ESG Stocks With Net-Zero Emissions Target in the Spotlight

Next, we have this article titled 4 ESG Stocks With Net-Zero Emissions Target in the Spotlight. It’s by Ritujay Ghosh and found on 247wallst.com. Here’s some of what the writer says about their stock picks.

“1. Salesforce, Inc. (CRM Quick Quote CRM - Free Report)

has successfully attained net-zero residual emissions throughout its value chain. Salesforce has also accomplished its objective of operating solely on 100% renewable energy…

Salesforce’s expected earnings growth rate for the current year is 42%... Salesforce currently sports a Zacks Rank #1 (Strong Buy).

2. PepsiCo, Inc. (PEP Quick Quote PEP - Free Report)

the global beverage giant, is committed to achieving net-zero greenhouse gas emissions by 2040. As part of its sustainability efforts, PepsiCo is actively promoting regenerative agricultural practices… Another key target for PepsiCo is to ensure that all its packaging materials become recyclable, compostable and biodegradable.

PepsiCo’s expected earnings growth rate for the current year is 9.9%... PepsiCo currently carries a Zacks Rank #2 (Buy).

3. Adobe Inc. (ADBE Quick Quote ADBE - Free Report)

aims to attain a zero-carbon operational footprint, emphasizing the development of digital products that have a positive environmental impact. Adobe is actively working toward achieving a 100% renewable energy target by 2035…

Adobe’s expected earnings growth rate for the current year is 14.5%... Adobe currently sports a Zacks Rank #1.

4. Microsoft Corporation (MSFT Quick Quote MSFT - Free Report)

is actively pursuing various initiatives to achieve a net-negative carbon footprint by 2030…

Microsoft’s expected earnings growth rate for the current year is 4.8%. Shares of Microsoft have gained 23.7% in the past three months. Microsoft currently has a Zacks Rank #3 (Hold).” End quotes.

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What is Renewable Energy? Benefits, Sources, and Top Companies

Now to another new article on renewable energy picks. The article is titled What is Renewable Energy? Benefits, Sources, and Top Companies. It’s by Jennifer L. located on carboncredits.com. Now to some quotes from the analyst.

“1. General Electric Co. (GE)

General Electric has been at the forefront of wind energy technology, consistently enhancing turbine designs and improving efficiency… GE has installed over 49,000 units that generate wind electricity across the globe…

GE has also invested in other renewable energy technologies, such as solar power, hydroelectricity, and hybrid.

2. NextEra Energy, Inc. (NEE)

Running with a whopping $147 billion market cap, NextEra Energy has been investing billions in developing renewable energy sources. As one of the largest renewable energy producers in the world, the company leads the charge in solar and wind energy production…

3. Iberdrola SA (IBDRY)

With a market cap of over $72 billion, Spain-based multinational electric utility company Iberdrola SA has more than 170 years of history. The company is a global leader in the generation, distribution, and trading of clean energy.

4. Orsted A/S (ORSTED.CO)

Renewable energy company Orsted A/S excels in developing, building, and operation of offshore wind farms. The Danish firm currently owns the prestigious title of being the world’s biggest offshore wind power developer, with a total capacity of over 7.5 GW.” End quotes.

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'America is going to lead again': Biden says wind and solar are already 'significantly cheaper' than coal and oil — 3 top US clean energy stocks to watch

And more on renewable energy with this article 'America is going to lead again': Biden says wind and solar are already 'significantly cheaper' than coal and oil — 3 top US clean energy stocks to watch. It’s by Vishesh Raisinghani on finance.yahoo.com.

“1. First Solar (NASDAQ:FSLR)

First Solar is one of the nation’s largest utility-scale solar energy producers. The company’s competitive edge stems from its proprietary, advanced thin-film module technology…

Investors seeking a high-growth bet in this sector should add FirstSolar to their watchlist.

2. Brookfield Renewable (NYSE:BEP)

If you’re looking for a less risky and more established player in the renewable energy sector, Brookfield Renewable might be a wise bet. The Canada-based asset manager operates one of the largest green energy portfolios in the world…

Brookfield is a dividend juggernaut. The stock offers a dividend yield around 4.6% at the moment.

3. SolarEdge Technologies (NASDAQ:SEDG)

SolarEdge has rapidly become one of the most well-known and valuable solar energy firms on the market. The company offers an end-to-end system that generates, stores and manages solar energy from home. Nearly three million homes across the globe were equipped with SolarEdge systems by the end of 2022.” End quotes.

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The Importance Of Sustainable And Impact Investing And 3 Companies That Shine!

And I finish up with this article titled The Importance Of Sustainable And Impact Investing And 3 Companies That Shine! It’s by Finance Monthly and published on finance-monthly.com. Now some quotes on their recommendations.

“1. ICL Group (NYSE: ICL)

ICL Group is global specialty minerals company and one of the largest fertilizer manufacturers in the world. ICL focuses on creating sustainable solutions… includes developing innovative fertilizers to increase crop yields while decreasing environmental impact, recycling industrial by-products into useful resources, which aligns with several UN SDGs…

2. NextEra Energy (NYSE: NEE)

NextEra Energy specializes in harnessing wind and solar energy across North America… Beyond renewable energy, they also engage in physical contracts, trading activities, and marketing. Their primary income source is distributing gas and electricity to Florida residents.

3. Republic Services (NYSE: RSG)

Republic Services specializes in waste management and recycling. As the second-largest waste management company in the United States, its mission is to produce renewable energy through recycling.” End quotes.

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Other Honorable Mentions – not in any order.

1) Title: Vegan investments: Are you putting your money where your mouth is? On veganfoodandliving.com. By Phil Davis.

2) Title: Why Fastenal is a Top Socially Responsible Dividend Stock (FAST) on nasdaq.com. By BNK Invest.

3) Title: 12 Best Solar Energy and Battery Stocks To Buy Now on finance.yahoo.com. By Hamna Asim.

4) Title: Revolutionizing the Future: “Emerging Green Technology Stocks” to Watch Now! – CLNV, GEVO, ADN, HYSR found on digitaljournal.com. By The Street Reports.

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Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “The Sustainable Stocks The Rich Invest In!”

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Talk to you next on August 11th.

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Bye for now.

© 2023 Ron Robins, Investing for the Soul