3 Green Stocks That Are Watch List Worthy

Jul 9, 2018 | STOCK PICKS, TRENDING

If you’re on the hunt for great stocks to add to your watch list, you have come to the right place. This post will reveal three green stocks that you don’t want to overlook and that will provide you with many benefits you can’t afford to ignore.

In addition to supporting green companies, you are also helping the environment and expanding your investment portfolio when you buy stock in environmentally-conscious companies. We’ve chosen these three companies based on the projected future profits these companies can generate as well as their environmental footprint, but we are not the only ones to notice them. As more and more millennials enter the market, stocks from green companies become more and more attractive to investors.

Pattern Energy Group

Pattern Energy Group (NASDAQ: PEGI) is a San Francisco-based company that focuses on providing wind energy. Rather than serving consumers, PEGI has gained traction by selling renewable energy to utility companies in California. This stock made considerable improvements for most of 2017 but took a slight decline toward the end of the year. The downward trend has leveled out and allows investors to earn a decent yield. The average volume is 1,065,547 with a market cap of $1.75 billion.

Appliance Recycling Centers of America

Appliance Recycling Centers of America (NASDAQ: ARCI) has stock options you don’t want to ignore if your goal is to make smart investments in companies that promote a green future. ARCI has two business models at which you need to look to get a clear picture of what path you should take. First, ARCI recycles used and damaged appliances to reduce the amount of trash building up in landfills across the nation.

The second business model sells and distributes budget-friendly appliances from retail centers. Based on data ranging from May to July 2018, ARCI has an average volume of 89,000. ARCI stocks started to decline in January 2018, and the downward trend lasted several months. Stock prices have been making steady improvements over the past few weeks, so this is a great time to jump on board and claim your stocks before the prices return to where they once were.

Atlantica Yield

Atlantica Yield (NASDAQ: AY) is a fantastic stock option for those who want to invest in sustainable energy. The company uses its assets to generate wind and solar energy. This stock has made steady improvements over the past few years and still has a lot of room for growth. With an average volume of 334,196 and a $1.986 billion market cap, this stock is a smart choice for any investor looking to get an impressive yield.

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