From copper to cybersecurity, Goldman Sachs picks less obvious stocks to play the clean energy trend

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

From copper to cybersecurity, Goldman picks less obvious stocks to play the clean energy trend

Goldman Sachs has identified four "critical" sectors in the clean energy market, beyond the usual suspects. They are: copper or aluminum, electricity transmission, semiconductors and cybersecurity. Dubbing them "greenablers," the investment bank said these sectors are less appreciated by ESG investors but could be "in the framework of investors potentially looking beyond Solar/Wind/Water stocks.

That's a metric used by some investors to assess a company based on cash flow. The bank's picks include: Copper and aluminum: Major U.S. copper producer Freeport-McMoRan , aluminum manufacturer Constellium . Electricity transmission: U.S. energy infrastructure firm Sempra Energy , Public Service Enterprise Group . Semiconductors: Advanced Micro Devices , TSMC , ASML . Cybersecurity: Datadog , Sangfor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines