Ameresco (AMRC)
Is a leading energy efficiency and renewable energy company that engages in projects to upgrade existing grids and facilities to be used with "greener" energy, this includes military bases, K-12 schools, Colleges and Universities, Hospitals, and even airports! The company is installing, operating, and maintaining renewable energy systems and grids to increase energy efficiency or decrease carbon footprint. The company can handle all renewable energies including Solar, Hydroelectric, and even landfill-gas-to energy.
The company is also engaged in ongoing studies with some well-known companies and organizations. For example, Ameresco installed extensive solar and natural gas power development on the Arizona State University campus and the data is collected and studied over time. This helps the company to make their systems better, the University has already announced some impressive data and is on the way to becoming climate neutral by 2025!
Other customers and partners include:
Boston Logan International Airport, BMW, Chicago Public Schools, San Francisco Housing Authority, and more.
Canopy Growth (CGC)
is one of the largest cannabis companies in the world and has a very promising partnership with Constellation brands which is one of the better adult beverage companies out there with a popular lineup, like Corona and Modelo, and a host of wine brands. If we see recreational cannabis legalized it is likely most naturally to enter the "mainstream" through food and beverages instead of smoking. One of the reasons why I did not choose Tilray for this spot is its recent rally which is too “high” for me to recommend. Additionally, I believe that Canopy has the upper hand when it comes to the food and beverage category.
Boeing (BA)
is one of America's top exporters and a major US job provider. Boeing’s business accounts for about 1% of US GDP and the company’s planes are popular and used all over the world. We all remember the two tragic plane crashes of the 737 Max which grounded the plane for over a year. The company’s business is still affected, and the stock is still recovering from its pre-COVID 19 highs. There have not been any major orders announced in 2021 and that gives the stock a future catalyst to go higher. As part of reaching out to restore international relations with some of our allies, we might see Biden reaching out to international leaders and hustling up some business for the company.
Crown Castle (CCI)
is a communications infrastructure company that services tens of thousands of cellphone towers in a unique shared infrastructure model, in which multiple companies rent space on a shared cellphone tower instead of building their own cellphone tower which requires cash, land, and regulatory approvals. This revolutionary shared model helps to reduce the overall carbon footprint and is a much cheaper way for businesses to increase their connectivity. The company is a Fortune 500 company and is already in the full process of adapting 5G to make the internet even more useful and available to more people, which is very much in line with what the current administration has announced it wants to do.
General Motors (GM)
is a company that has seen some pressures over the last few years, but what matters is where the stock could be going and in the case of GM the future looks promising. The company is planning on being carbon neutral by 2040, they will also exclusively offer electric vehicles by 2035. The lineup will include 30 new EV’s released by2025 and the company is fully committed to that goal with a massive $27 Billion investment in electric and autonomous vehicles. It has announced that its luxury Cadillac cars and SUVs sold globally will be electric by 2030! The company surely knows how to produce cars in scale and besides Tesla, no other automaker seems as committed to being all the way electric. This is why this company could benefit from a governmental effort to combat climate change which might include subsidies like the ones that helped Tesla become profitable.
This is of course only a recommendation and I do not know how these companies will be performing in the future. I advise everyone that is considering these companies to do their own due diligence and research if the company is a fit for your unique investment situation.
Thanks,
The Punkrock Capitalist
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