The best shares for investment

In recent years, cities, states, and even countries around the world have sought ways to combat climate change, as well as conserve and generate new energy. Green technology is nothing new, but going green is a growing trend that many companies are striving towards. Due to national and state regulations, many businesses will be forced to go green in the next 10 years. Green technology must be created by a company before it can be used. There have been several companies that have been identified as solid companies that will profit greatly from the green technologies they offer. These profits can be transferred to you, with the right shares for the invention.

Shares for investment – ABB

Using less energy is the obvious solution when it comes to conserving the world’s energy fuels. As politicians continue to pass bills that require us all to reduce our energy consumption, companies that offer energy-efficient products will be in high demand. ABB predicts 25 percent annual profit growth over the next decade. This is mainly because they sell energy transmission equipment that can reduce energy losses between the end user and the power plant. They also have strong sales of their industrial equipment, which includes energy efficient motors and robotics. As cities around the world replace aging energy transmission equipment, ABB is expected to see steady sales growth as the world goes green, making it one of the stocks to invest in.

Stocks for investment – the American standard

American Standard has been in business for over 78 years. You may have seen the name American Standard in your bathroom or kitchen. To allow the company to focus on its most profitable division, American Standard is completing the sale of the kitchen and bath division of its business. This will allow them to focus on creating energy efficient heating and air conditioning systems. Selling under the Trane brand, they are a leader when it comes to energy efficient climate control systems. American Standard would be one of the great stocks to invest in because cooling and heating buildings provide 1/3 of the energy needs. Warren Buffett’s Berkshire Hathaway is one of American Standard’s largest shareholders.

Shares for investment – Covanta

Why not turn our trash into energy? This is exactly what Covanta does. Covanta is a leader when it comes to waste-to-energy facilities. They currently operate 32 waste recycling plants that generate energy by generating steam and heat from burning garbage and municipal waste. Garbage companies pay Covanta to accept their garbage loads. This is a big advantage, as landfills across the United States fill up quickly. While the shortage of natural gas and oil is a concern, there will never be a shortage of the trash that millions of people in the United States produce every day. That’s why Covanta is one of the stocks to invest in as we find new ways to go green and tackle climate change.

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