Which stocks look set to boom?

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Aussies looking to cash in on the share market in the new year should look to invest in these four sectors.

clean and renewable energy and electric vehicles.

Fortescue Metals Group’s recent annual general meeting showed a fair few of its investors who had clearly stuck with the miner to keep riding that iron ore train were unimpressed by its new Fortescue Future Industries division, which aims to produce zero-emission green hydrogen from 100 per cent renewable sources.

“Orocobre, Syrah Resources and Iconic Rare Earths are a few leading lithium producers whose share prices have all been direct beneficiaries from the wave of investment pouring into the space in recent months, with momentum gathering steam heading into 2022 and beyond.”is another sector to consider, given it will be harder to feed the world amid climate change and as populations grow – from about 7.9 billion currently to a forecast near 10 billion by 2050.

Wilsons’ equity research team says the outlook for Nufarm is robust, with improved seasonal conditions in key grain producing regions resulting in strong demand for crop protection.

 

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