How to Profit From "Cleantech" Stocks

Schaeffer's top 4 cleantech stock picks

Chris Prybal

Senior Market Strategist

Apr 22, 2021 at 12:41 PM

Clean technology, or "cleantech," (synonymous to most people with "greentech") is new technology and/or related business models intended to provide solutions to global climate or resource challenges, or desire for energy independence, while offering competitive returns for customers and investors.
-- Kachan & Co.

Cleantech stocks represents a diverse range of products, services, and processes, all intended to: provide superior performance at lower costs, while reducing or eliminating negative ecological impact, at the same time as raking more efficient and responsible use of natural resources. A major attraction to this sector lies in the fact that the growth of cleantech companies benefits everyone, not any singular group and not just large corporations.

On Earth Day 2021, I presented at the Benzinga's Small Cap Conference: Explore Cleantech Small Cap Stocks. As the cleantech sector continues its explosive growth, I expect to see a few things. We will begin hearing more rhetoric on volatility and the carbon tariff. We will see more interest from ESG "themed" investors in this sector. And, finally, we will witness an explosion of new discoveries and opportunities ahead of general public awareness.

Using Schaeffer's Expectational Analysis, I have identified a list of cleantech stocks that should be on any investor's radar as follows.

Generac Holdings Inc. (NASDAQ:GNRC)

Generac Holdings stock, GNRC stock, Cleantech stock picks

Bloom Energy Corporation (NYSE:BE)

Bloom Energy Corporation stock, BE stock, cleantech stock picks

Eaton Corporation plc (NYSE:ETN)

Eaton Corporation stock, ETN stock, cleantech stock picks

Waste Management Inc. (NYSE:WM)

Waste Management stock, WM stock, cleantech stock picks

There are also three more notable cleantech stocks that you should keep an eye on:

General Electric Company (NYSE:GE) – worldwide leader in wind turbine technology and involved in 3D printing technology.

Baker Hughes Co (NYSE:BKR) – SRI international global licensing agreement: mixed-salt process for CO2 capture. On November 3 of 2020, BKR acquired Compact Carbon Capture.

NextEra Energy Inc (NYSE:NEE) - Renewable energy giant added 1,750 MW of renewables and storage to its order backlog, bringing the total 2021-2024 order book to 15,250 MW.

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