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OTCdoc

12/11/15 11:06 PM

#1659 RE: OTCdoc #1658

These are the stocks for playing climate change >>>>>>>

As a big meeting on climate change takes place in Paris, banks are thinking about that hot-button topic — including how to make money from it.

Bank of America Merrill Lynch has come up with more than 220 stocks from around the world that “have exposure to climate change-related solutions.” BAML’s broad roundup comes as Goldman Sachs offers its own ideas about the best “green” stocks.

MarketWatch has whittled down BAML’s long list to just companies that have “high” exposure to such products or services, according to the bank, rather than only “medium” or “low” exposure. Also eliminated are companies that aren’t traded on U.S. exchanges.




There are “9 entry points for investors wishing to play the climate change and low carbon solutions theme,” said BAML equity strategists Sarbjit Nahal, Beijia Ma and Felix Tran in a note released Tuesday. They say the nine places to get involved are: “1) Energy Efficiency; 2) Wind; 3) Solar; 4) YieldCos; 5) Nextgen Vehicles, Batteries & Storage; 6) Nuclear; 7) Hydro; 8) Diversified Cleantech; and 9) Other Cleantech.”

But the whittled-down list below covers just six of those nine areas, as there are no U.S.-listed companies with high exposure to wind, nuclear or diversified cleantech, according to BAML. The term “YieldCos” refers to renewable-energy spinoffs that promise high payouts, as Barron’s has put it.

Without further ado, below are U.S.-listed stocks that BAML views as having high exposure to climate change-related products or services.

Solar

Enphase Energy ENPH, -2.33%

First Solar FSLR, +1.67%

SolarCity SCTY, +1.06%

SunEdison SUNE, +1.47%

SunPower SPWR, -3.84%

SunRun RUN, +3.83%

Trina Solar TSL, -3.63%