PODCAST: Best Socially Responsible Dividend Stocks. PLUS…


Socially Responsible Dividend Stocks. PLUS… these stories. “Best Health Care Stocks To Buy This Week? 4 To Know”; “These 3 Renewable Energy Companies Are Getting Too Cheap to Ignore”; “top three green energy stocks to watch in 2021”; “Sustainable Impact Investing: 1 Cheap Stock for All Value Investors”; and “launch of Solar Energy UCITS ETF.”

PODCAST: Socially Responsible Dividend Stocks. PLUS…

Transcript & Links, Episode 59, June 4, 2021

Hello, Ron Robins here. Welcome to podcast episode 59 published on June 4, titled “Socially Responsible Dividend Stocks. PLUS…” — and presented by Investing for the Soul. investingforthesoul.com is your site for vital global ethical and sustainable investing news, commentary, information, and resources.

Remember that you can find a full transcript, links to content – including stock symbols, quotes, and bonus material – at this episode’s podcast page located at investingforthesoul.com/podcasts.

Now, just a reminder. I do not evaluate any of the stocks or funds mentioned in this podcast. I only mention what the analysts and writers are saying! However, there might be an odd occasion where I do add a comment.

Furthermore, if you’re concerned about the ESG and sustainability ratings of any stock or fund included in this podcast, check your broker’s online site for such information.

If your broker doesn’t have this information, signup for free with Morningstar and you can gain access to company and fund ESG-sustainability ratings. Please note, I receive no compensation from Morningstar or anyone else covered in these podcasts.

If any terms are unfamiliar to you, simply do a Google search for that term.

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Top Socially Responsible Dividend Stocks

Now many ethical and sustainable investors are interested in socially responsible dividend stocks. Fortunately, the staff at the Dividend Channel have identified what they believe are the 25 top socially responsible dividend stocks. But if you view more than 6 pages within 6 hours on their site then you’re required to register to view more. Registration is free but do review their privacy policy and terms of use before signing up.

So, I’ll just mention a few of their selected companies. The link to their site is on this podcast’s webpage.

The selected companies include:

Phillips 66 (NYSE: PSX) — 4.27% Yield

Truist Financial Corp (NYSE: TFC) — 2.91% Yield

Eaton Corp plc (NYSE: ETN) — 2.09% Yield, and

Gilead Sciences Inc (NASDAQ: GILD) — 4.30% Yield

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Best Health Care Stocks To Buy This Week? 4 To Know

My first article concerns health care stocks. In one way or another, these are in nearly every ethical and sustainable investor’s portfolio. Now the article I want to draw your attention to is titled Best Health Care Stocks To Buy This Week? 4 To Know by Jonathan Phillip. It appeared on nasdaq.com.

Here are the stocks Mr. Phillip’s covers. I’ll name them and follow on with brief quotes from him.

“1. Reata Pharmaceuticals (NASDAQ: RETA)

The company focuses on identifying, developing, and commercializing product candidates for a range of serious or life-threatening diseases… Reata announced that the U.S. Food and Drug Administration (FDA) has requested the company to submit a request for a pre-NDA meeting for Omaveloxolone for the treatment of Friedreich’s Ataxia…

Given that there is no known cure at this point for Friedreich’s Ataxia, approval of this drug would be monumental for the company.

2. Genetron Holdings (NASDAQ: GTH)

Genetron Holdings Limited is a precision oncology company that specializes in cancer molecular profiling. It also harnesses technologies in molecular biology and data science to transform cancer treatment… The company operates its businesses primarily within the China market. Genetron stock has been up by over 60% since the start of the year.

3. I-Mab (NASDAQ: IMAB)

I-Mab is a clinical-stage biopharmaceutical company that commits to the discovery, development, and commercialization of novel or highly differentiated biologics. The company aims to treat diseases with significant unmet medical needs, particularly cancers and autoimmune disorders … the health care company stock has been performing extremely well. Impressively, it has risen by more than 220% over the past year with its bullish trend still intact.

4. Merck & Co. (NYSE: MRK)

This is a global health care company that offers health solutions through its prescription medicines, vaccines, biologic therapies, and animal health products. It operates through four segments: Pharmaceutical, Animal Health, Healthcare Services, and Alliances.

The company’s drug Keytruda is one of the best-selling drugs in the world, generating almost $14.4 billion in revenue in 2020.” End quotes.

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These 3 Renewable Energy Companies Are Getting Too Cheap to Ignore

Now three regulars to The Motley Fool site have contributed to this article titled These 3 Renewable Energy Companies Are Getting Too Cheap to Ignore.

1. Travis Hoium suggests Canadian Solar (NASDAQ: CSIQ)

He says “in the case of Canadian Solar, the value is now too good to pass up… (its) ability to raise prices when costs go up should help Canadian Solar’s slow and steady improvement in margin over the last decade.

Solar markets can be volatile and profitability is unpredictable, but Canadian Solar’s stock is cheap enough to be a value for investors given the company’s market-leading position in manufacturing and deploying solar panels.” End quotes.

2. Howard Smith recommends Brookfield Renewable Partners (NYSE: BEP)

Quote “The market rotation away from growth and alternative energy stocks has brought many down significantly from their highs. Investors can take advantage of that by buying businesses with strong growth opportunities and income from higher dividend yields. Shares of Brookfield Renewable Partners have dropped more than 20% over the past three months. That has brought the current dividend yield to about 3.5%…

The recent drop in the share price gives investors a good entry point that will also provide a high level of income from the current dividend.” End quotes.

3. Daniel Foelber likes Hannon Armstrong (NYSE: HASI)

Mr. Foelber says that “(Hannon Armstrong) provides the capital needed to make renewable projects possible. As a real estate investment trust (REIT), Hannon Armstrong is in the business of making quality loans and passing its returns along to shareholders through dividends. Its long-term contracts tend to last for a decade or more, making its business relatively stable compared to other renewable energy stocks…

With a price to earnings (P/E) ratio of 33 and a dividend yield just shy of 3%, Hannon Armstrong is one of the safer ways to take advantage of the renewable energy stock sell-off.” End quotes.

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Green investing: top three green energy stocks to watch in 2021

There’s a new alternative energy article on the capital.com site. It’s titled Green investing: top three green energy stocks to watch in 2021.

Here are the three they recommend followed by some quotes on each one.

“1. Renewable Energy Group, Inc. (REGI)

… is a biodiesel production company based in Iowa that has been a Fortune 1000 company since 2018, and boasts billions of dollars in annual revenue. It is a global producer and supplier of biodiesel and other renewable fuels…

According to MarketBeat, analysts now anticipate that Renewable Energy Group will be worth about $100 a share very shortly(It’s) currently around $60.

2. Plug Power (PLUG)

“While PLUG may not boast the kind of EBITDA sales that appeal to some investors, it still boasts a partnership with automaker Renault to integrate its fuel cell technology into European commercial vans. That’s not all – a $1.5bn investment from Korea-based SK Group also has made Plug Power an attractive investment option to consider…

Notable financial analysts, surveyed by The Wall Street Journal, estimate that Plug Power’s stock price will reach $49 by the end of 2021, with others suggesting that it may reach as high as $79. (It’s currently around $30.)

3. SunPower (SPWR)

There are many leading solar companies in the United States, but few of them are better positioned to grow than SunPower. (It) specialises in both solar power and energy storage.

The company’s flagship product is ‘Maxeon,’ a high-efficiency solar cell that boasts benefits over other traditional solar designs…

Sunpower’s stock price has a potential to increase as more homes and businesses decide to go solar.” End quotes.

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Honorable Mentions

1. Title: Upcoming launch of Solar Energy UCITS ETF on London Stock Exchange offers Europe’s first pure-play exposure to the global solar energy industry. Seen on etfexpress.com.

2. Title: Sustainable Impact Investing: 1 Cheap Stock for All Value Investors by Nikhil Kumar on ca.yahoo.finance.com. Quote Dream Impact Trust (TSX: MPCT.UN)… focuses on investments that generate both strong financial returns and provide positive social and economic impacts in North American communities… The company’s goal is to provide attainable and affordable housing.”

3. Title: What are the top renewable energy stocks to watch in 2021? Maxim Manturov on businesleader.co.uk suggests: SunPower Corp which I just covered; First Solar, Inc.; Sunworks, Inc., ReneSola Ltd., and Daqo New Energy Corp (which is controversial for many ethical investors as it’s been accused of using forced labour).

Mr. Manturov also says the three hottest renewable energy IPOs in 2021 are China Three Gorges Renewables (Group), Acciona Energia, and Infinite Blue Energy.

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Ending Comment

Well, these are my top news stories with their stock and fund tips — for this podcast: “Socially Responsible Dividend Stocks. PLUS… “

To get all the links, stock symbols, or to read the transcript of this podcast — and more — go to investingforthesoul.com/podcasts and scroll down to this episode.

Also, be sure to click the like and subscribe buttons in iTunes/Apple Podcasts or wherever you download or listen to this podcast.

And please click the share buttons to share this podcast with your friends and family. Let’s promote a better post COVID world through ethical and sustainable investing!

Contact me if you have any questions.

Stay well and healthy—and conscious about the ethical and sustainable values of your investments!

Thank you for listening.

Talk to you next on June 18. Bye for now.

© 2021 Ron Robins, Investing for the Soul.

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