Pocket-Friendly Eco-Investing: The Best Cheap Sustainable Stocks

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This article showcases our top picks for the Cheap Sustainable Stocks. We reached out to industry leaders and experts who have contributed the suggestions within this article (they have been credited for their contributions below). We are keen to hear your feedback on all of our content and our comment section is a moderated space to express your thoughts and feelings related (or not) to this article This list is in no particular order.

Tesla (TSLA)

This product was recommended by Jaden Oh from TRAFFV

I have personally invested in a few green stocks and they have worked out well for me. I suggest looking at Tesla (www.tesla.com) as a great option for sustainable stocks. Tesla is a leader in the green energy and technology industry and has seen tremendous growth over the last few years. It has a strong focus on sustainability and is constantly looking for new ways to reduce its carbon footprint. Additionally, Tesla is a publicly traded company which makes it easily accessible for potential investors. Investing in Tesla is a great way to support the green economy, while also potentially making a good return on your investment.

NextEra Energy (NEE)

This product was recommended by Melissa Terry from VEM Tooling

NextEra Energy is a clean energy company that operates wind and solar power plants. It is the largest producer of wind energy in the world and has a solid track record of growth and profitability. The company has a commitment to sustainability, with a goal of reducing carbon emissions by 50% by 2030. NextEra Energy has a low price-to-earnings (P/E) ratio, making it an attractive option for investors looking for cheap sustainable stocks.

Brookfield Renewable Partners (BEP)

This product was recommended by Melissa Terry from VEM Tooling

Brookfield Renewable Partners is a renewable energy company that operates hydro, wind, and solar power plants. The company has a diversified portfolio of assets, providing exposure to a range of clean energy sources. Brookfield Renewable Partners has a commitment to sustainability, with a goal of reducing its carbon footprint by 33% by 2025. The company also has a strong dividend history, making it an attractive option for income-seeking investors.

TerraForm Power (TERP)

This product was recommended by Melissa Terry from VEM Tooling

TerraForm Power is a renewable energy company that operates wind and solar power plants. The company has a portfolio of high-quality assets and a commitment to sustainability, with a goal of reducing its carbon footprint by 50% by 2030. TerraForm Power is well positioned for growth, with a strong pipeline of projects in development. The company has a low P/E ratio, making it an attractive option for value-seeking investors.

Enphase Energy (ENPH)

This product was recommended by Derrick Hathaway from VEM Medical

Enphase Energy is a solar technology company that develops and sells microinverter systems. Microinverters are a key component in the solar panel installation process, making them an important player in the clean energy space. Enphase Energy has a commitment to sustainability, with a goal of reducing carbon emissions by 90% by 2030. The company has a low P/E ratio, making it an attractive option for growth-seeking investors.

Canadian Solar (CSIQ)

This product was recommended by Derrick Hathaway from VEM Medical

Canadian Solar is a solar panel manufacturer that develops and sells photovoltaic panels. The company has a commitment to sustainability, with a goal of reducing its carbon footprint by 50% by 2030. Canadian Solar is well positioned for growth, with a strong pipeline of projects in development. The company has a low P/E ratio, making it an attractive option for value-seeking investors.

Plug Power (PLUG)

This product was recommended by Derrick Hathaway from VEM Medical

Plug Power is a fuel cell company that develops and sells hydrogen fuel cell systems. Fuel cells are a clean energy source that produce electricity without producing emissions. Plug Power has a commitment to sustainability, with a goal of reducing carbon emissions by 90% by 2030. The company has a low P/E ratio, making it an attractive option for growth-seeking investors.

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