[Image](www.elitetrade.club) Dear Trader, Welcome to our Sunday Brief! Here are the stocks we're watching this week. The Best Climate Change Stocks to Buy Now Whether you’ve warmed up to the idea of climate change or not, it’s undeniable that its policies are affecting the markets. Thus, making it an important investment theme and factor to consider when making investment decisions. Looking to acclimatize your portfolio to the tune of climate change? In this article, we’ll take a look at some of the best climate change stocks to buy now! Sponsored [500% Upside Potential For This Little-Known Biotech?]( There's a little-known Biotech that's recently bounced off its 52-week low of $1.50. And with a $9.00 target set by a top analyst at Maxim Group, we could be looking at a potential upside of 500%. Plus, with a float of less than 7.3M shares available, this could be one company to watch very closely. Don't miss out on this one, grab your free report now. [Click here for free report]( [Image](?awt_a=q9dU&awt_l=9uwww&awt_m=hNeeerMc8NtOLdU) Tesla Inc (NASDAQ: TSLA) Since its beginnings, Tesla has been driven by disruptive change aimed at helping reduce our carbon footprint. Its mission is simple: to accelerate the global transition to sustainable energy sources. Back when Tesla started out, the idea of having electric vehicles was alien to most. The price of batteries was high and special interests lobbied against the production of electric vehicles. However, Tesla has been able to thrive against all odds and almost single-handedly accelerate the global transition to electric vehicles (EVs). Using the first principle thinking framework, Elon Musk has been able to reduce the prices of EV batteries, helping the industry flourish. Transportation makes up 27% of the total US carbon emissions, making it a critical component of the climate reform puzzle. Globally, transport produced approximately 7.3 billion metric tons of CO2 emissions in 2020, out of which close to 41% was produced by passenger cars. The phase-out of motor vehicles could help cut carbon emissions drastically and meet the high and demanding standards of the Paris Agreement. The car manufacturer does more than just produce electric vehicles. TSLA also manufactures solar panels and energy storage products. Extending its reach further into green initiatives and renewable energy. The company recently surprised the markets by exceeding revenue expectations after a long period of decline in the price of shares. The surprise prompted a market run that more than doubled share prices. The advancement was equally surprising as it's not common to see a stock with a market capitalization of nearly half a trillion double itself in such a short period. But Tesla does have a history of explosive movements which has made it a market favorite for traders and investors. In the fourth quarter, Tesla beat EPS expectations by 7%, revenue by 37% YOY, and net income by nearly 59% from the same period last year. Looking forward, Elon has publicly expressed his goal to sell at least 20 million EVs by 2030. The sector could be ripe to meet his expectations as EV adoption booms globally. Analysts project that the Global EV market could grow to $400 billion in value through 2028—that’s a CAGR of 17.5%. However, investors must be cautious as expectations could fall short due to the growing competition in the sector. Tesla remains the market leader, but it’s likely to face some stiff competition as more players release their own electric vehicles. Despite Tesla’s efforts toward climate progress, the company has a poor ESG score—a rating Elon has openly criticized. The company has an environment risk score of 2.8 and a total ESG score of 29. Beyond Meat Inc (NASDAQ: BYND) BYND is a Chinese company that’s in the business of developing faux-meat products from plant-based ingredients. Beyond Meat has drawn a great deal of attention since its IPO from leading food distributors and big-name brands. The faux-meat manufacturer has since signed a number of key partnerships including one with McDonald's (MCD) after developing a meat-free burger product. MCD offers BYND meat with their McPlant burger—a plant-based burger aimed at satisfying the needs of customers seeking a meatless experience. However, the McPlant is not yet available in all markets and the fast-food chain is still testing its audience where they do offer it. Cows have some serious beef with global warming. Cattle are the primary source of agricultural greenhouse gases globally, making livestock responsible for nearly 15% of all global greenhouse gas emissions. In fact, the problem is so severe in some regions that the EU reported cows generated more greenhouse emissions than automobiles in the region. Given the size of the problem, BYND is bound to satisfy more than your palate. The company is well-positioned to help reduce methane emissions produced by cattle. A study carried out by the University of Michigan demonstrated the environmental impact of BYND compared to a quarter-pounder burger. The study found that BYND burgers required 99% less land and 46% less energy while producing 90% fewer greenhouse gas emissions. Not everyone is willing to leave a steak dinner behind just yet, but as the cost of carbon credits rises, it’s possible that the price of beef will follow. At that point, substitutes like BYND could help fill the gap for meat lovers looking for a flavor replacement. However, investors might need some patience before this happens as investors have seemed to have lost their appetite for the company. Shares of BYND are down drastically, nearly 95% from its July 2019 high, and are now below their IPO level. The decline has been fueled by a number of factors including a slide in sales, tensions with China, and a post-pandemic drop in restaurant traffic. Nevertheless, the price of shares has been nearly flat since September 2022 which could be indicative of a market bottom approaching. We will be watching to see what happens! Brookfield Renewable Partners LP (NYSE: BEP) Brookfield Renewable Partners is a Master Limited Partnership (MLP) with a reach across various renewable energy verticals. MLPs are business ventures in the form of publicly-traded limited partnerships that offer similar benefits to REITs. They combine the tax benefits of private partnerships with the liquidity of a publicly traded company. The MLP operates one of the world's most extensive renewable power generation programs. Primarily focusing on operating renewable power-generating facilities across North America. But the company also owns other facilities in South America, Europe, and Asia. Aside from hydropower, the company also operates wind and solar renewable power-generating facilities. The way we produce and consume energy is at the root of climate change. Fossil fuels and other pollutants have been one of the primary drivers of carbon emissions globally since the industrial revolution. According to the United States Environmental Agency (EPA), electric power production makes up a quarter of all US greenhouse gas emissions. Moving away from coal, natural gas, and fossil fuels for electricity production is a vital step in fighting climate change. By being a leading producer of green energy, Brookfield helps lead the way to a world with fewer greenhouse emissions. The MLP's long-standing contracts and relatively stable business allow BEP to generate steady income, which it generously distributes among shareholders. The MLP pays a dividend of 4.86% which it intends to grow between 5% and 9% annually. Governments around the globe are tightening their policies to meet carbon emissions targets. A move that could help Brookfield Renewable gain further growth in the not-so-distant future. Looking forward, the global renewable energy market size is estimated to grow at a CAGR of 8.6% through 2030. An outlook that could help Brookfield's shares move higher. BEP has an environment risk score of 2.0 and a total ESG score of 16. NextEra Energy Inc (NYSE: NEE) NextEra Energy is responsible for delivering a capacity of about 58 GW of electricity, of which 34 GW comes from non-fossil fuel use. The utility company subsidiaries include FPL in Florida, NextEra Resources (NEER), NextEra Partners, and Gulf Power Company. The energy giant is a world leader when it comes to the production of energy from clean sources like wind and solar. It also operates natural gas pipelines and electricity transmission lines on a large scale. NEE markets itself as having a plan to lead the decarbonization of America. Demonstrating just how serious they are about climate change. NextEra Energy also prides itself on reducing its dependence on foreign oil by nearly 98% since 2001. In 2022, the company released its annual ESG report. In it, they highlight their plan to decarbonize FPL—America's third largest utility company—and then scale up to the rest of their subsidiaries. In the same report, the company announced its goal of reaching zero emissions by 2045. As is common with utility companies NextEra pays investors a dividend. Shareholders can benefit from a generous annual yield of 2.23% for holding the stock. NEE’s price action is impeccable. Shares of the company are up more than 800% since the 2008 recession and the chart shows continuous growth since the IPO. If the company transitions to renewable energy as intended, performance could continue That’s it for our Sunday Brief! Don't forget to reply to this email with your feedback. We’ll see you again before the open on Monday. Thanks for being an Elite Trade Club member! Best Regards, Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* [Click Here Now]( to get Elite watchlists sent directly to your phone *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. ALAFAYA TRAIL
Orlando FL 32828
USA [Unsubscribe]( | [Change Subscriber Options](