Great Sustainable Food Stocks, Plus… best ESG stocks to buy now based on hedge fund holdings. Solar stocks to review. By Ron Robins, MBA Transcript & Links, Episode 138, September 20, 2024 Hello, Ron Robins here. Welcome to this podcast episode 138 published September 20, 2024, titled “Great Sustainable Food Stocks, Plus…” 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. 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 at investingforthesoul.com/podcasts. Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, and I don’t receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal any 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 articles for more company and stock information. ------------------------------------------------------------- 5 Sustainable Food-Related Stocks for Long-Term Investors This first article refers to an industry that’s one of my favorites, the food industry! It’s titled 5 Sustainable Food-Related Stocks for Long-Term Investors. It’s by Leslie P. Norton and found on morningstar.com. Here are some brief quotes from the article. “We talked with Edinburgh-based Stewart Investors, a global asset manager that practices sustainable investing, about the charms of food-related stocks. (The firm has a Morningstar ESG Commitment Level of Leader.)… The firm [Stewart Investors] tends to hold for the long term, and all the food-related companies that Wood mentions left cheap behind a while ago, as you’ll see in the table below. Still, they have merits galore. I talked with Wood about why they’re worth considering for the long haul. Stewart Investors' Food Stock Picks Source: Morningstar. Data as of Sept. 9, 2024. The star ratings for Mahindra & Mahindra, Novonesis, Totvs, and Unicharm are quantitative.” End quotes. ------------------------------------------------------------- 10 Best ESG Stocks To Buy Now My next article comes from Insider Monkey. It’s titled 10 Best ESG Stocks To Buy Now and is by Sheryar Siddiq. Here are a few quotes from him. “Our Methodology To create the list of top ESG stocks to buy now, we chose companies from the Vanguard ESG U.S. Stock ETF (ESGV) and ranked them by their percentage weight in the fund, listed in ascending order. In addition, we used hedge fund sentiments regarding each stock to illustrate how well these stocks hold up in the eyes of hedge fund investors. These were taken from Insider Monkey’s Q2 2024 database… Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds… (see more details here). 10. Tesla, Inc. (NASDAQ:TSLA) Number of Hedge Fund Holders: 85 Tesla’s earnings for the second quarter fell short of expectations, driven by a decline in automotive sales for the second consecutive period. Despite a 2% revenue increase to $25.43 billion compared to the same quarter last year, automotive revenue dropped by 7% to $19.9 billion from $21.27 billion… Despite Tesla’s recent challenges, Truist Securities analyst William Stein remains optimistic about the company’s shift from traditional car manufacturing to AI, which he believes could unlock significant value. On August 14, he reaffirmed his ‘hold’ rating on Tesla with a price target of $215, representing a 6.76% potential upside.” 9. JPMorgan Chase & Co. (NYSE:JPM) Hedge Fund Holders: 111 JPMorgan Chase operates globally across sectors like Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking, and Asset & Wealth Management. In 2023, the firm achieved a 15% reduction in Scope 1 and Scope 2 greenhouse gas emissions from 2019 levels, advancing toward its goal of carbon neutrality by 2030. JPMorgan Chase also facilitated over $200 billion in green financing, including renewable energy projects and green bonds, contributing to its $2.5 trillion sustainable development financing target by 2030… Following the earnings release, Citi raised its price target for JPMorgan Chase from $205.00 to $215.00, while maintaining a Neutral rating. BMO Capital also reaffirmed its Market Perform rating with an unchanged price target of $205.00. 8. Broadcom Inc. (NASDAQ:AVGO) Hedge Fund Holders: 130 Broadcom [is] a global leader in technology, specializes in designing, developing, and supplying a wide range of semiconductor, enterprise software, and security solutions… The company plans to reassess its baseline and set new Scope 1, Scope 2, and Scope 3 greenhouse gas emission reduction targets. According to the company’s ESG report, these new targets will ...
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Oct 18 202425 mins