October 2026 Sustainable Stock and ETF Picks. Includes top analyst AI stock picks and a terrific ranking of sustainable companies.

Transcript & Links, Episode 172, October 30, 2026

Hello, Ron Robins here. Welcome to my podcast episode 172, published on October 30, 2026, titled “October 2026 Sustainable Stock and ETF Picks.”

This podcast is presented by Investing for the Soul. Investingforthesoul.com is your go-to site for vital global, ethical, and sustainable investing mentoring, news, commentary, information, and resources.

Remember that you can find a transcript, stock symbol links, and bonus material on this episode’s podcast page. Go to investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts. Additionally, I don’t receive any compensation from anyone covered in these podcasts. And, I will reveal any investments I have in the investments mentioned herein.

I have a great crop of 16 articles for you in this podcast! Note: companies are sometimes covered more than once. Now I’ve chosen 3 to quote from. Titles and links to the other 13 can be found on the webpage for this podcast edition.

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1) 24 AI Infrastructure Stocks Built to Hold up If Capex Slows: MS

The first article for review focuses on a sector that most ethical and sustainable investors are concerned with. It’s titled 24 AI Infrastructure Stocks Built to Hold up If Capex Slows: MS. It’s from businessinsider.com and by William Edwards. Here are some quotes and comments on the companies cited.

“Higher financing costs are dimming the outlook and raising concerns about continued big spending from the AI hyperscalers. Morgan Stanley expects year-over-year capex growth to slow from 60% in 2027 to 14% in 2028. In 2026, hyperscaler capex is expected to have grown by almost 100%.

But not every AI firm will be affected equally by the slowdown, and some are better positioned than others to weather the storm.

To identify these names, Morgan Stanley’s analysts compiled a list of stocks that have either strong pricing power for their products thanks to supply chain bottlenecks, or those that have an opportunity to expand market share in their respective industry…

Below are the 24 stocks that Morgan Stanley says are in a prime position to gain from bottlenecks as capex growth moderates in the coming years.

The 24 Stocks

End quotes.

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2) $5,100 Split Across These 5 AI Infrastructure Stocks Could Be Worth This Much by 2030

Now continuing with the AI theme, here’s an interesting article titled $5,100 Split Across These 5 AI Infrastructure Stocks Could Be Worth This Much by 2030. It’s from fool.com. It’s by Geoffrey Seiler. These are some of his remarks.

“In June, Bloomberg Intelligence projected that spending on AI across hardware, software, and services will reach $2.3 trillion by 2032, with $658 billion spent on AI training and $1.3 billion on inference…

With that in mind, let’s look at what a roughly $5,100 investment spread across a basket of top AI infrastructure stocks — including Nvidia, Advanced Micro Devices, Broadcom, Taiwan Semiconductor Manufacturing, and ASML — could return by 2030.

1. Nvidia (NVDA) Moneyball Superscore 97/100

For our semiconductor basket, Nvidia is our primary play on AI training and the graphics processing unit (GPU) market. However, the company has really transformed itself into a complete AI player. With $940, you could buy four shares.

Analysts currently expect the stock to report adjusted EPS of $24.79 in fiscal 2032 (ending January), which is close to calendar year 2031. Applying a similar 15 times forward P/E multiple that it carries today would value the stock at $372, bringing your investment to nearly $1,500. That’s about a 60% return.

2. AMD (AMD)

AMD is riding two of the market’s strongest trends. It is a strong player in the inference market, with GPUs for inference and agentic AI on CPUs. With $633, you could buy one share.

The current 2030 EPS consensus for AMD is $45.25, and assuming another 20% growth in 2031 would bring it to $54.30. That’s a huge surge from the $7.58 per share that analysts are projecting it to earn this year. Place a 20 times multiple on that given its growth, and the stock would be worth $1,086. That’s a 72% gain.

3. Broadcom (AVGO) Moneyball Superscore 92/100

Broadcom is the basket’s investment in custom AI chips and networking. The AI ASIC (application-specific integrated circuit) market is expected to grow more quickly than the one for GPUs, and Broadcom is poised to be a prime beneficiary. With $710, you could buy two shares of the stock.

Analysts currently project that the company’s earnings will grow to $52.15 in fiscal 2031 (ending in October 2031). Put a 15 times multiple on that estimate, and the stock would trade at $782. That would be a 120% gain, increasing your investment to $1,564.

4. Taiwan Semiconductor Manufacturing (TSM) Moneyball Superscore 98/100

Taiwan Semiconductor Manufacturing is the world’s premier foundry, with a virtual monopoly on advanced chip manufacturing. An investment in the stock is a great way to play the overall chip boom. With $945, you can buy two shares.

The analyst consensus only goes out to 2028, with the consensus at $28.33. Assuming 25% growth the next year, 22.5% the year after, and 20% in 2031, that would bring its EPS to $39.80. Place a forward P/E of 17.5 times multiple on that (given its monopoly-type position), and you get a nearly $700 stock in 2030. That’s about a 48% gain, bringing the total investment to $1,400.

5. ASML (ASML)

Without ASML, the entire AI boom would not be possible. The company has a monopoly on the extreme ultraviolet (EUV) lithography technology used to make the critical components of advanced logic chips, like GPUs, and high bandwidth memory (HBM). With $1,865, you could buy one share of the Dutch company.

Because it is a monopoly, AMSL typically carries a very high multiple. For 2030, analysts project EPS of $101.57, and if we estimate another 10% growth, it would reach $111.72. Assign a 30 times multiple to that, and the stock would trade at $3,351, equaling an 80% gain.

The total

In total, your starting investment would be just below $5,100, and your 2030 ending investment would be worth $8,900. That’s a solid 75% gain in about four years.”

End quotes.

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3) Sustainable Companies: 50 Top Investments For Sustainability

The final article this month is a reputable company sustainability ranking. It’s titled Sustainable Companies: 50 Top Investments For Sustainability. It’s from investors.com, and the introduction is by Anne Stanley. Here are some quotes from her article.

“As many as 88% of American investors say they want to invest in sustainable companies or funds that aim to achieve market-rate financial returns while also addressing positive environmental outcomes. They’re also confident they can do it without sacrificing profitability, and that strong sustainability practices can lead to higher returns.

That may be a tall order amid a volatile energy transition and whipsaw political and economic environments… That’s true across all industries. From leaders like Citigroup (C) and American Express (AXP) in the financial sector and tech giants such as Palo Alto Networks (PANW) and Apple (AAPL) — to big energy firms, including Suncor (SU) — companies understand how important sustainable business practices are to their long-term success and reputation.

These are just a few of the 50 companies that made it onto the 2026 Investor’s Business Daily list of the Most Sustainable Companies…

Green Economy Blooms Globally

Globally, growth in the green economy continues, according to the London Stock Exchange Group’s annual report, Investing In The Green Economy 2026. Since 2008, the green economy has outperformed global equities by 133%, with valuations growing faster than the broader market (18% compound annual growth rate vs. 12%). So far this year, green equities have delivered strong returns, pushing the market capitalization of the green economy past $10 trillion for the first time, the report says…

Investors Remain Resilient in 2026

Headline numbers around interest in sustainable investing remain at very high levels, at 92% of global respondents, according to this year’s Morgan Stanley Sustainable Signals individual investors report, up four percentage points from 2025. The average portfolio allocation to sustainable investments is 31% this year, slightly down from 33%, demonstrating that there can be a disconnect between expressed views and behavior, the report says…

How IBD’s Most Sustainable Companies List Was Created

To build IBD’s 2026 list of the Most Sustainable Companies, we started with Morningstar’s U.S. and global Low Carbon Transition Leaders Indexes. These indexes provide exposure to companies from each sector that are taking the most action toward transitioning to a low-carbon economy. We sorted the constituents of the Morningstar indexes using IBD technical and fundamental stock ratings.

The stocks had to have a price of $10 or more and sufficient data to create an IBD Composite Rating. We further qualified the list by removing stocks that did not meet or beat the S&P 500 in the past five years. We selected the companies with the highest IBD Composite Rating — all with scores of 80 or better.

Finally, we ranked the companies by their Morningstar Sustainalytics Low Carbon Transition Management Score, using the IBD Composite Rating to break any ties.

Morningstar Sustainalytics provides an overall Low Carbon Transition Management Score score of 0 to 100… A score of 46 to 55 is average, 56 to 75 is strong, and above 76 is very strong.

IBD’s special reports are objective and data-based. This independent special report is produced by the IBD editorial team. There is no sponsored content, nor are there any commission links. A company cannot apply to get on this list, and there are no fees.

End quotes.

Incidentally, here are their top 5 companies.

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13 more articles from around the world with Sustainable Investment Picks for October 2026.

1. Title: FLNC or BE: Which Alternative Energy Stock Is Worth Buying Now? From finance.yahoo.com. By Maharathi Basu.

2. Title: Top 15 Companies in Global Onshore Wind Market. From shericalinsights.com. By Spherical Insights.

3. Title: 3 AI Chip Stocks To Watch After Nvidia Stock Hit A Fresh All Time High. From finance.yahoo.com. By Sasha Jovanovic.

4. Title: 3 Renewable Energy Stocks Investors May Revisit As Carbon Rules Tighten. From simplywall.st. By Simply Wall St.

5. Title: 3 Stocks To Play The Nuclear Energy Boom. From OilPrice.com. By Alex Kimani.

6. Title: 3 AI Infrastructure Stocks to Buy Right Now and Hold for 10 Years. From fool.com. By Geoffrey Seiler.

7. Title: 3 AI Infrastructure Stocks Retail Investors Are Watching In US Tech. From finance.yahoo.com. By Sasha Jovanovic, Simply Wall St.

Continuing

8. Title: 3 ESG Asset Manager Stocks With Exposure To Rising Impact Investing Demand. From simply.st. By Simply Wall St.

9. Title: 3 Alternative Energy Stocks to Watch Amid Rising Power Demand. From sg.finance.yahoo.com. By Tanvi Sarawagi.

10. Title: This Tiny AI Infrastructure Stock Has Large-Cap Potential. From fool.com. By Marc Guberti.

11. Title: Don’t Miss These 4 Stocks in the AI Infrastructure Race. From investorplace.com. By Luke Lango and the InvestorPlace Research Staff.

12. Title: 3 AI Infrastructure Stocks Riding The Tesla And SpaceX Compute Buildout. From finance.yahoo.com. By Sasha Jovanovic, Simply Wall St.

13. Title: Zacks Industry Outlook Highlights GE Vernova, Constellation Energy and Montauk Renewables. From finance.yahoo.com. By Zacks Equity Research.

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Ending Comment for October 2026 Sustainable Stock and ETF Picks

These are my top news stories plus their stock and fund tips for this podcast, “October 2026 Sustainable Stock and ETF Picks.”

Plus, go to investingforthesoul.com/podcasts and scroll down to this episode to get all 16-article links, stock symbols and links, and much more. And go there to read the transcript of this podcast and additional information.

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Thank you for listening.

My next podcast will be on November 27^th.

See you then. Bye for now.

© 2025 Ron Robins, Investing for the Soul