Podcast: Renewable Energy and Sustainable Bank Stock Buys

Podcast: Renewable Energy and Sustainable Bank Stock Buys include articles “The Top 3 Renewable Energy Stocks Targeting 50% Upside by 2028” and “Top 10: Sustainable Banks” from sustainabilitymag.com, and more.

By Ron Robins, MBA

Transcript & Links, Episode 132, June 14, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 132 titled “Renewable Energy and Sustainable Bank Stock Buys.” 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 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 2 article links below that time didn’t allow me to review them here.

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The Top 3 Renewable Energy Stocks Targeting 50% Upside by 2028

As we approach the summer holiday period the number of suitable articles for this podcast usually declines. And that’s what’s beginning to happen now. However, there are still some great articles worth covering for you.

I’m going to start with this one titled The Top 3 Renewable Energy Stocks Targeting 50% Upside by 2028. It’s by Terel Miles and found on msn.com. Here’s some of what Mr. Miles says about his picks.

“1. First Solar (NASDAQ:FSLR)

The company has skyrocketed more than 60% year to date, and it is just getting started.

First Solar’s expertise spans the entire solar value chain, from module manufacturing to project development and energy services. Moreover, artificial intelligence is set to boost demand for solar and energy storage solutions in data centers. In Q1 FY24, revenue increased 45% year-over-year (YOY) to $794 million. Earnings per share (EPS) skyrocketed 456% YOY to $2.20 per share, with gross margins up sequentially. As the company ramps up manufacturing capacity in 2024, First Solar stock should certainly be kept on your radar.

2. NextEra Energy (NYSE:NEE)

As the world’s largest producer of wind and solar energy, NextEra is at the forefront of the clean energy transition. 

NextEra Energy’s focus on innovation coupled with its strong financial performance, position it as a reliable investment choice… In the 2023 fiscal year…. revenue swelled 34% YOY to $28.11 billion, with EPS up 71% to $3.60 per share. They delivered extremely impressive results, amid inflation and higher interest rates. Its backlog also remains robust, as the company’s subsidiaries, FPL & NextEra Energy Resources, deliver best in class services… Management has forecast 10% dividend growth through 2026. This makes NextEra Energy’s stock one of the best renewable energy stocks to buy now.

3. ON Semiconductor (NASDAQ: