1 Jul

Investing in green stocks?

Posted by admin in Green Business.

I just got a chunk of money back from filing my taxes. I want to start investing for my future (retirement) but my moral and values go against investing in anything that is not environmentally friendly. Does anyone know anything about investing in eco friendly stocks? websites? advice?

4 Responses to this post.

  1. john P's Gravatar

    Posted by john P on 01.07.09 at 3:07 pm

    Here’s a place to start: http://planetgreen.discovery.com/tech-transport/green-investing-resources.html

  2. muncie birder's Gravatar

    Posted by muncie birder on 01.07.09 at 3:07 pm

    I know of a couple of green stocks. Here is one. Vestas Wind Systems. It is the largest producer of wind turbines in the world. The ticker is VWSYF on the pink sheets. It is a Danish company. I warn you though. Green stocks are currently out of favor since the price of oil has dropped like a rock. Here is another. Trina Solar, a Chinese solar cell company. Ticker is TSL. It too is feeling the effect of the oil prices. Lost 90% of it value. Current PE is about 3.5 but that is based on past earnings not future earnings.

  3. noble8fold's Gravatar

    Posted by noble8fold on 01.07.09 at 3:07 pm

    erii. Right around 6.5 a share right now.

  4. thomas p's Gravatar

    Posted by thomas p on 01.07.09 at 3:07 pm

    Selective agriculture, gold and oil stocks would be the areas where I would look for a stock purchase. Most investors are not focused on the underlying business and an investor who personally dislikes the effects of tobacco may buy tobacco stocks.

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