The bull case for alternative energy stocks is directly tied to humanity’s ability to cut back on their contributions to climate change. The Intergovernmental Panel on Climate Change (IPCC) in the UN more or less established the fact in a recent press release.
“The alarm bells are deafening, and the evidence is irrefutable: greenhouse‑gas emissions from fossil-fuel burning and deforestation are choking our planet and putting billions of people at immediate risk,” stated UN Secretary-General António Guterres, giving a “code red for humanity” during the IPCC.
While Main Street is debating how to achieve a more sustainable future, Wall Street is paying attention to clean energy stocks that focus on solar, wind, water and geothermal sources. As many countries have already pledged to be carbon neutral by mid-century under the Paris Agreement, alternative energy investments have been gaining momentum. The decarbonization of the global economy would require an estimated investment of more than $110 trillion over the next thirty years.
Hot Clean Energy Stocks For 2023: Sims Metal Management Limited(SMS)
Sims Metal Management Limited operates in the metal recycling industry. The company engages in ferrous secondary recycling, non-ferrous secondary recycling, secondary processing, and recycling solutions businesses. Its ferrous secondary recycling activities comprise the collection, processing, and trading of iron and steel secondary raw material; non-ferrous secondary recycling activities consists of the collection, processing, and trading of other metal alloys and residues, principally aluminum, lead, copper, zinc, and nickel bearing materials; and secondary processing activities include the melting, refining, and ingoting of certain non-ferrous metals; and the reclamation and reprocessing of plastics. The company also provides recycling solutions, such as the provision of environmentally responsible solutions for the disposal of post-consumer electronic products comprising information technology assets recycled for commercial customers. Its recycling solutions include ne gative value materials, such as refrigerators, and electrical and electronic equipment. It operates primarily in the United States, Canada, Australia, New Zealand, Papua New Guinea, India, Singapore, Hong Kong, South Africa, the United Kingdom, Sweden, Belgium, the Netherlands, Germany, Hungary, Poland, the Czech Republic, Austria, and Croatia. The company was formerly known as Sims Group Limited and changed its name to Sims Metal Management Limited in November 2008. Sims Metal Management Limited was incorporated in 2005 and is headquartered in New York, New York.
Advisors’ Opinion:
- [By Shane Hupp]
Smart Metering Systems (LON:SMS)’s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued on Monday.
- [By Stephan Byrd]
Smart Metering Systems (LON:SMS) had its price objective raised by Canaccord Genuity from GBX 900 ($11.72) to GBX 925 ($12.05) in a research note released on Wednesday morning. Canaccord Genuity currently has a buy rating on the stock.
- [By Max Byerly]
Speed Mining Service (CURRENCY:SMS) traded down 7.9% against the U.S. dollar during the twenty-four hour period ending at 15:00 PM Eastern on August 19th. One Speed Mining Service token can currently be purchased for $12.83 or 0.00201073 BTC on popular cryptocurrency exchanges including CoinExchange and HitBTC. Speed Mining Service has a market cap of $1.34 million and $944.00 worth of Speed Mining Service was traded on exchanges in the last 24 hours. During the last week, Speed Mining Service has traded down 15.5% against the U.S. dollar.
Hot Clean Energy Stocks For 2023: B Communications Ltd.(BCOM)
B Communications Ltd. provides various communications services for business and private customers in Israel. The company offers fixed-line telephony, fixed-line broadband Internet infrastructure access, cellular telephony, ISP, ILD, data transfer and network, ICT, pay television, customer call center, and other communications infrastructures and services. It is also involved in the maintenance and development of communications infrastructures; provision of communications services to other communications providers; and supply and maintenance of equipment on customer premises, such as network end point services. The company was formerly known as 012 Smile.Communications Ltd. and changed its name to B Communications Ltd. in March 2010. B Communications Ltd. was founded in 1999 and is headquartered in Ramat Gan, Israel. B Communications Ltd. is a subsidiary of Internet Gold-Golden Lines Ltd.
