hey guys how's it going it's Andy from Magoo investing happy Monday so I’ve been putting
off this video for a long time it is one of the longer videos just because I wanted to do more
research on it today I’m going to be talking about green stocks that I’m looking to buy
they're going to have huge returns going forward I think green energy is one of the most exciting
areas to invest in and considering I’ve spent the past five years getting two pieces of paper to my
undergrad and my graduate degree in marine biology and conservation this is something that I’m really
passionate about so I wanted to give this video justice and talk about five or six of the stocks
that I’m looking to buy going forward that do have green energy potential and are going to be
an area where I can invest in something that I really care about but actually have returns to
back it up so I think this is a great example of you don't always have to buy these stocks that are
not something that you agree with morally obviously there's some people that disagree with
a lot of the major companies and I think there are some great opportunities for people that want to
be more conscious about their environmental footprint and I think these are some great
options so I am going to quickly start off this video saying that I’m not going to be talking
about Beyond Meat Stock (BYND Stock) in this video I think Beyond Meat Stock (BYND Stock) is a great
way to reduce carbon emissions when it comes to meat production but I did talk about it in a video
last week so I will link that above right now also if you can tell I’m at my parents’ house so it
things are going to be looking a little different going forward so I’m still trying to find the best
way to record and make things look good so let me know what you think of the setup at this point
but before getting started I do have to say that I’m not a licensed financial advisor and
this is not financial advice anything you hear in this video is just me giving my own opinions
on the stock market and you need to do your own research before making any investment decisions
also if you've been enjoying these videos really appreciated that like and subscribe
button as would help my channel out a lot so the first stock I want to talk about is
going to be Nio Stock (NIO Stock) ticker symbol $NIO currently Nio Stock (NIO Stock) is trading
for 41 and it's up 920% on the year I put Nio Stock (NIO Stock) on this video because
it is an electric vehicle company and as we know carbon emissions coming from fossil fuels used in
fuel production is a huge part of climate change so having these EV stocks are very exciting
and I could have put something like a Tesla Stock (TSLA Stock) on here but I wanted to put
a Nio Stock (NIO Stock) on it because I think the Chinese EV companies have been really exciting so
far this year there have been some threats about delisting if you've been paying attention to some
of the Chinese stock news in the past couple weeks there was a bill that went through that is likely
going to get passed that would require companies to provide more transparent financial information
on the company and so if you've been around this channel for a while this has been one of my huge
gripes against investing in Chinese stocks because there have been some problems in the past of
companies not being completely transparent about their financials the most recent example that I
can think of comes with a Luckin Coffee Stock (LK Stock) ticker symbol $LK and so this does look
like it could be a potentially bad thing if you just read the headlines and it says these Chinese
companies are going to get potentially delisted it looks pretty dire but if you actually read
into what it means likely it would take three to five years to delist if it actually goes through
also Nio Stock (NIO Stock) has come out and their CEO said that they believe that their
practices already meet the requirements set by this new legislation so I don't think you
really have to worry about this as a Nio Stock (NIO Stock) investor this is something where
it makes investing in Chinese stocks safer and so it should be a positive thing there's
likely going to be some retaliation from the Chinese government maybe in the form of tariffs
and so it's going to be interesting to see how this actually plays out in the future but
Nio Stock (NIO Stock) is not a stock that is at risk of being delisted anytime soon so
the stock did fall last week after it announced it was offering 60 to 70 million shares
as a way to raise funds and this is not something that's been
unique to Nio Stock (NIO Stock) pretty much all of the EV companies last week took advantage of their
extremely high prices by offering millions of shares the stock did fall because as you
increase the number of shares out there it dilutes the value of all the rest of them but for a
company that was in danger of going bankrupt like a year ago it does make sense that they're taking
advantage of the almost one thousand percent that the stock has increased so far this year
to take advantage of that to raise as much funds as possible so I think this is a good thing
we're talking about how they're going to be using this money to improve their network
improve their sales and just it's going to be a positive for the company overall even though
in the short term it does dilute the value of all the stocks so the company has been
killing it with delivery so far the numbers from November they saw 50 to 100 deliveries
which was a record and they say 100% increase year over year in October with 5000 deliveries
one of the most exciting parts of this company comes from their battery swap program uh which
if you understand how Tesla Stock (TSLA Stock) works they have all these superchargers placed
pretty strategically around so that you can get between all of them without running out of fuel
but it's really interesting because this is a battery swap program that would be able to swap
out your battery in less than five minutes and you do pay like a subscription to be able to use that
so for a company this would bring in reoccurring revenue which is always a positive thing and
I think it's something that I realistically could see happen in some of the major us cities
going forward so it's going to be some exciting technology and I’m very interested to see how it's
actually going to play out for these companies so as of right now it's hard for me to be super
bullish on a company that's up almost a thousand percent on the year but for a long term potential
I absolutely love the EV stocks and I think anything like a Tesla Stock (TSLA Stock) or a
Nio Stock (NIO Stock) is great for the environment I think it's going to have great returns going
forward even though it might be a little choppy going forward for the short term so long term very
bullish on Nio Stock (NIO Stock) and then the next stock I want to talk about is something that I
actually do own shares in so I do want to disclose that but I’m going to be talking about General
Electric Stock (GE Stock) ticker $GE currently General Electric Stock (GE Stock) is trading for
eleven dollars and it's down two percent on the year so I have a put that I sold on the company
and normally when I sell puts I use the premium and I invested into other areas but
I do feel very positively about General Electric Stock (GE Stock) overall so I have been using the
money that I’ve been collecting from the premiums to buy just actual shares of the company so I do
have that position I do have like between five and ten shares of General Electric Stock (GE Stock) at
this point and it's likely going to increase over time and the reason that I feel very good
about that is because I’m loving the trajectory of the company with the renewable energy part of
their business if you've been paying attention to General Electric Stock (GE Stock) so far in 2020
the reason that they've been having a pretty tough time comes from the damage that the aviation
industry has been seen considering that they are selling a lot of the uh the engines to the
Boeing Stock (BA Stock) planes that have been grounded and the sales have been dropping as
the demand for air travel has been shrinking in 2020. and so while it doesn't look great and you
look at the all-time chart and then the five-year chart doesn't look great but I think this is a
great bounce back stock and one that's going to do very well when it comes to renewable energy
and so they got crushed this year as I mentioned their aviation part of their business was down 44
and while the renewables probably isn't going to be enough to change the trajectory of the company
I do think it will help and so they've been announcing some very interesting deals
the company has announced wind turbine deals with Lithuania and they're also providing
turbines for the world's largest offshore wind farm they also announced that they're
going to be having a wind turbine recycling program that would break down old turbines
for use for cement production and that would reduce carbon emissions by 27%
for cement production so this is something where it has a varied net positive result
uh it is a stock that I think it's going to bounce back significantly over the next couple years as
aviation it has to come back eventually we're starting to see the roll out of the vaccine
stuff and I’m expecting their boost to come from the aviation and the renewables going forward so
while they did have a 5 million profit from renewables and quarter 3 it is pretty tiny
compared to the other segments of the business but I do think it will be a part of the company's
recovery and I’m very long-term bullish on the company overall mainly from the bounce back but I
think the renewables are very exciting part of the business and I’m very curious to see how they're
going to do in the next couple years okay so the next stock on this list is going to be Brookfield
renewable Stock (BEP Stock) which is ticker symbol $BEP currently is trading for 40 and 30 cents and
it's up 62 on the year if you've been following the stock the price may seem a little funky
and since I had planned out this video last week I kind of forgot that they went through a three to
two stock split on Friday so I had the stock at like 51 and I was very confused to see it at 40
this morning but they did go through a stock split so that's why it looks like that
and so I like Brookfield Stock (BEP Stock) because it doesn't just focus on one type of renewable
energy and they're involved in hydroelectric wind and solar facilities right now around 65 percent
of their free cash flow is going to hydroelectric but we are starting to see a switch they have been
expanding their solar capabilities that will lead to 18 gigawatt production in the future and this
comes after they bought Exelon solar business for 810 million dollars in the past couple quarters
so this does expand their energy capabilities that has increased six fold since 2015 which
is a huge increase uh and they are very diverse and where their locations are having locations
in north America Latin America Asia and Europe and so this isn't a company that's going to be
innovating in one specific area of renewables but I do think the most attractive thing about their
stock and their company has to do with their track record over the past 20 years the company's had an
annualized return of 18 since the year 2000 which destroys the returns that we've been seeing in the
s p 500 looking forward the company expects annual returns in the low teens which is likely going to
beat the rest of the market so this is not a stock that's going to maybe see like a thousand percent
increase like what we've seen with Nio Stock (NIO Stock) and Tesla Stock (TSLA Stock) so far
this year but they have an incredible track record for renewables which is not something you can say
about a lot of other companies that have had their struggles in the past decade plus so part of the
returns come from their 3.3 dividend and even with the increases in their price their yield has never
been below 3 so this is a very stable company they have a very positive impact on the environment
based off of the variety of renewable energies that they've been using with hydroelectric wind
and solar and so as I mentioned they're not great at one specific thing but they're very diverse
in the type of energies that they're producing the locations that they have and their track
record is just fantastic so I’m very bullish on Brookfield renewable Stock (BEP Stock) which is
ticker symbol $BEP and it's likely going to be something that I’ll add in my portfolio in the
upcoming months because I think it's just such a positive thing for the environment
and it does have the track record to back it up so the next stock I want to talk about is going to be
NextEra energy stock (NEE Stock) which is ticker symbol $NEE currently it's trading for 74.50 and
it's up 23 on the year and so in the past couple years we've been seeing a switch in the overall
stock market for the companies that have been representative of the overall market we've been
seeing the removal of stuff like Exxon Mobil Stock (XOM Stock) ticker symbol $XOM which I believe was
replaced by salesforce and with that switch we've also seen a new giant when it comes to the largest
energy company in the united states being uh next era just a couple years ago giants like
Exxon Stock (XOM Stock) and chevron stock (CVX Stock) were considered the top companies but they
have slid and in October NextEra Stock (NEE Stock) became the most valuable energy company in the us
their overall energy capacity is large enough to power the entirety of Greece or 10 percent of the
homes in the us so this is a massive company as a company reaches 15 gigawatts with wind and solar
backlogs a company is also starting to invest in hydrogen even with the pandemic the company added
five gigawatts of renewable capacity this year and they have announced that none of their projects
were delayed in 2020 even with the pandemic in addition they are rapidly growing they announced
that they are going to be spending 1 billion in battery projects in 2021 and they believe that
they're the first company to spend that much in energy storage investments in a single year
and when I saw that amount of spending going into uh future production I expected their long-term
debt to be massive because they're spending one billion dollars in a single year but when I looked
at it I was very surprised that their long-term debt to equity is only sitting at 1.1 so this
shows how much money that they've been bringing in and how stable they've been and so it makes me
feel a lot better with their massive investment into their energy storage going forward similar
to Brookfield stock (BEP Stock) NextEra Stock (NEE Stock) has a solid dividend right now that
dividend has grown by 11.5 percent on average over the past five years and their dividend is sitting
around two percent and with a payout ratio of 61 the dividend isn't at risk of being cut anytime
soon in addition they have 25 years of dividend growth making them a dividend aristocrat so
this is a massive company it's the largest energy company out there they've invested heavily into
renewables which is very positive and so investing into a maybe a sector you don't fully understand
I’ve always talked about I like buying into the biggest and the most stable ones and when I look
at NextEra Stock (NEE Stock) I think of this as a fantastic stable company they're investing in
themselves heavily with that one billion dollar investment into battery projects in the next year
and they can back it up with the incredible amount of revenue and stability that they have with their
long-term shareholder equity so I think for an energy company I think this is a great opportunity
and I think it's way better than what we've been seeing with some of the oil and gas companies like
Exxon Mobil Stock (XOM Stock) and chevron stock (CVX Stock) so yeah let me know what you guys have
to say about NextEra Energy Stock (NEE Stock) ticker symbol $NEE in the comment section down
below okay so I decided to put First Solar Stock (FSLR Stock) ticker symbol $FSLR under this list
there are plenty of other solar stocks out there but I decided to pick this one because it has
a longer track record than most of these other companies so First Solar Stock (FSLR Stock) is
trained for 87.40 and it's up 56% on the year First Solar Stock (FSLR Stock) is kind of in
a weird spot and I’m not really sure how I feel about it this has been a stock that's been around
for a long time and the past couple years they've really struggled with competition from china
they've argued in the past couple years that china with their incredibly cheap solar panels have been
flooding the us market and lowering the overall price which has pushed out a lot of the actual
competition but First Solar Stock (FSLR Stock) has actually been able to survive that and they
announced recently that they have gotten their solar panels cheaper than china at this point
and this seems like a really positive thing but they've really been changing their strategy on
how the company's been run over the past couple years and I’m not really sure how I feel about it
the company has slimmed down significantly in the past and they've been focusing more
on manufacturing of the panels and less about actually selling them to consumers
instead of selling to actual businesses they've been selling to the actual energy companies and
have been building massive facilities this led to an agreement with general motors to resemble gm
to provide 180 megawatts from a solar project starting in 2023 and people have been pointing
out the company has been sitting on way more cash than they should be and so I’ve talked about in
the past that when a company brings in cash there's a couple areas that they can actually
move that money to they can invest in themselves with research and development they can pay out a
dividend they can use the money to buy back shares to increase the value of the existing shares which
is the opposite of what we've been seeing with Nio Stock (NIO Stock) who added more shares which
diluted the value and so it's usually seen as a positive thing for investors when you see stock
buybacks or you can hold on to the actual cash and to sit on it for the future and people have been
arguing that since they've been cutting down their business significantly in the past couple years
they need to be investing in technology to further distance themselves from the competition that
they've been seeing in china so at this point I’m not really sure how I feel about them they do have
their track record uh in the past year being up 56 percent they have gotten to the point where their
solar panels are cheaper than china but I just don't know how I feel about it overall in the last
round's report the company did see a 70% increase I in sales year over year and they were up 44%
since the previous quarter so the company has been seeing growth but I feel like they're just
in kind of a weird spot this does seem like more of a risk compared to some of the other energy
stocks we've talked about in today's video the us government has been pretty committed to trying to
get us solar stocks to do pretty well you did have the Obama administration that put a lot
of money and for solar was one of the companies that did take in some of that money and they have
proved it to be a positive thing because they have been able to price out china
and so it's going to be very interesting to see where the solar market goes in the future but
at this point I’m pretty neutral when it comes to First Solar Stock (FSLR Stock) I’m very
positive on solar overall but I do kind of like something like a NextEra Stock (NEE Stock) or a
Brookfield renewable stock (BEP Stock) because they don't rely
exclusively on one type of renewable energy and I think that does increase the risk of investing
in something like a First Solar Stock (FSLR Stock) so let me know what you guys have to
say about First Solar Stock (FSLR Stock) and let me know if there's a solar stock that you guys
like a little bit more and then finally we're going to be wrapping up the video talking about
plug power stock (PLUG Stock) ticker symbol $PLUG currently it's trading for 26 dollars and 30 cents
and it's up 730 percent on the year plug power stock (PLUG Stock) is a hydrogen fuel cell company
that does a lot about swapping out conventional batteries on a lot of machinery and different
vehicles and this has been a stock that's been around for a long time at this point it's been
two decades and up until very recently it has not performed very well this has been a stock that
has been picked up by a lot of robinhood investors specifically because it's been very cheap
but when you look at the five-year chart you can see how crazy of a run it's been on in 2020
and then you zoom out to the all-time chart you can see that the stock has not done very well
for a long time but this is a very exciting type of business to be a part of but one of the things
that investors have always pointed out with plug power stock (PLUG Stock) is the fact that they
have never been profitable in their 20 years and so for a lot of these companies I always think
about Tesla Stock (TSLA Stock) that has been kind of one of the red flags for a long time is that
they have never been profitable up until like eight quarters ago and now they have had like
eight straight quarters of profitability but for a lot of these upstart and innovative companies you
do want to see profitability and the stock has been around for 20 years and has never gotten
to that point and so people have been wondering when are they going to be profitable they have
to be profitable on EBITDA basis which is earnings before inflation taxes depreciation and I forget
what the a stands for but basically they're hoping to be profitable on that basis by 2024
so that's still a long way away hydrogen fuel is a very interesting type of renewable energy it is
definitely more positive than using fossil fuels but I don't think it's the most green approach out
there and so it's going to be very interesting to see how well it's going to translate to the actual
market because at this point plug power stock (PLUG Stock)'s been around for 20 years and
they haven't really gotten a hold but I think the investments from the government and a lot
of the environmental goals for the next 50 years are going to push it in the right direction and
I think investment in hydrogen is going to be very exciting but for a short term I’m a little neutral
on the company just because based off of the track record and the 700% increase that we've seen so
far in 2020 it's kind of hard to justify that move there is a lot of excitement going forward but
I just don't know how I feel about in the short term long term very bullish I’m very
excited to see them finally get profitable by 2024 if that actually happens but right
now for a short term pretty neutral long term very bullish so let me know what you guys feel
about plug power stock (PLUG Stock) ticker symbol $PLUG in the comment section down below alright so
let me know what you guys have to say about these clean energy stocks I think clean energy is going
to be a very interesting place to invest in in the future just because a lot of these countries
have come out and said that they've had these very aggressive plans to try to get rid of fossil fuels
for the internal combustion engine I’ll put up a map of the countries that have committed
to doing that and the years that they've committed to do that by you have the upcoming
Biden administration that has said they're going to invest 1.7 trillion dollars and do
clean energy initiatives so this is going to be an area that's going to get a lot of attention
going forward and so I think this is an industry that you could still invest in at this point and
have incredible returns there are some companies that I’m a little worried about in the short term
because they've done incredibly well so far this year with Nio Stock (NIO Stock) and plug power but
I think this is an industry that's very exciting and I’m very excited to be a part
of it which is why I’ve invested in the stuff like General Electric Stock (GE Stock) and I do
think I’m going to be buying into Brookfield Stock (BEP Stock) in the future just because
of the incredible track record that the companies had on just how much of
a positive impact they've had overall so let me know which clean energy stocks I missed on
this video thanks for watching I appreciate all support and I will see you in the next episode