Top Eco-Friendly Stocks are from the Corporate Knights rankings. Plus, Reddit’s best ethical companies and an article listing Shariah-compliant stocks. By Ron Robins, MBA Podcast: Top Eco-Friendly Stocks Transcript & Links, Episode 137, September 6, 2024 Hello, Ron Robins here. Welcome to this podcast episode 137 published September 6, 2024, titled “Top Eco-Friendly Stocks.” 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 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 articles for more company and stock information. ------------------------------------------------------------- 7 Best Ethical Companies To Invest In According to Reddit The first article I’m reviewing is titled 7 Best Ethical Companies To Invest In According to Reddit. It’s by Affan Mir and found on insidermonkey.com. Here are some quotes. “Our Methodology The companies are listed in ascending order of the number of hedge fund holders as of the second quarter of 2024. The hedge fund data was taken from our database of over 900 elite hedge funds… Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. 7. HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Number of Hedge Fund Holders: 16 The company invests in behind-the-meter (BTM) building or facility-specific distributed energy projects, which are tailored to reduce energy consumption or costs for specific buildings or facilities. 6. Ecolab Inc. (NYSE:ECL) Hedge Fund Holders: 42 Ecolab Inc. … initially, the company focused on innovative cleaning products but has since become a major player in the water, hygiene, and energy sectors. The company serves various industries, including food processing, healthcare, hospitality, and manufacturing, by offering technology and services that ensure water quality and safety… In 2024, it was recognized as one of the World’s Most Ethical Companies by Ethisphere for the 18th consecutive year. 5. Waste Management, Inc. (NYSE:WM) Hedge Fund Holders: 49 Waste Management, Inc. … Over the years, the company has evolved into a comprehensive waste management company with a vast operational footprint. 4. First Solar, Inc. (NASDAQ:FSLR) Hedge Fund Holders: 66 First Solar is an American company in the solar energy industry that specializes in manufacturing solar panels and developing utility-scale photovoltaic (PV) power plants. 3. Costco Wholesale Corporation (NASDAQ:COST) Hedge Fund Holders: 71 Costco Wholesale Corporation is a warehouse club that operates on a membership basis, offering a wide range of products. 2. NextEra Energy, Inc. (NYSE:NEE) Hedge Fund Holders: 73 NextEra Energy, Inc. … company operates a diverse portfolio through its subsidiaries, which include Florida Power & Light (FPL), NextEra Energy Resources (NEER), and NextEra Energy Partners. 1. NVIDIA Corporation (NASDAQ:NVDA) Hedge Fund Holders: 179 NVIDIA Corporation is a California-based prominent tech company… recognized for its groundbreaking advancements in graphics processing units (GPUs) and AI.” End quotes. ------------------------------------------------------------- Top 25 Eco-Friendly Companies in 2024 Now this next article should interest most of you. It’s titled Top 25 Eco-Friendly Companies in 2024. It’s by Meerub Anjum and found on finance.yahoo.com. Due to my time restrictions, the 25 companies are covered briefly. Go to the link on this episode’s podcast page for the full article. Here are my brief quotes. “Methodology To compile our list of the top 25 eco-friendly companies in 2024, we utilized the sustainable investment ratio data for the global 100 companies from Corporate Knights. We then used the purchasing power parity revenue of companies as of 2023 to calculate the absolute sustainable revenue of companies. Finally, we ranked the top 25 eco-friendly companies in 2024 in ascending order of their absolute sustainable revenue. At Insider Monkey we are obsessed with the stocks that hedge funds pile into… Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details ...
