What are some Good stocks I can Invest in for the Environment?

Question

I'm not just going to give all my money to non-profits and expect nothing return. it makes at least a little sense to Invest your money so you can make money off of Good Environmentally responible companies.

Answer 1

I do have one in mind. I am sure there are many more, but this one I believe might have a good future. Vesta Wind Systems. The ticker is VWSYF. Trades on the pink sheets. Company is the world's largest manufacturer of wind turbines. You can read about the company by doing a search on the internet.

Answer 2

I think global warming is going to be a big issue this summer. With this in mind, I am investing in alternative energy companies, particularly wind energy. I like Vestas (VWSYF.PK) and Tower Tech (TWRT.OB). I also like Energy Conversion Devices, ENER. They make solar panels and batteries for hybrid cars. Here is a link on their business:

http://www.top10traders.com/ViewPost.aspx?postID=197

Here is a link on some wind energy investments:

http://www.top10traders.com/ViewPost.aspx?postID=61

These links are from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Answer 3

Green Century Equities fund has a rather interesting list for their top 10 holdings: Microsoft, Proctor & Gamble, Johnson and Johnson, J. P. Morgan Chase, Cisco, AT&T, Wells Fargo, Intel, Verizon, and PepsiCo. So a fund that provides investments for environmentalists invests in the likes of these. Maybe they will work for you too.

Answer 4

I know many will disagree with me but I've always thought that investing and social responsibility simply don't go together. The fact is that investing is difficult enough without adding another variable to contend with....Your portfolio should be structured with one thing in mind which is wealth accumulation....I'm not saying you shouldn't refuse to invest in some companies who derive revenue from selling products you absolutely disagree with such as tobaco etc...but there are so many ways that individuals can be socially resposible in their daily lives that I don't think you should be overly concerned with it when structuring your investment portfolio.

Answer 5

Just a thought...if you are looking for investment advice, maybe you should consider MorningStar, Motley Fool, or someplace OTHER than Yahoo Answers.