5 Best Climate Change Stocks To Buy Now

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1. Enphase Energy, Inc. (NASDAQ:ENPH)

No of HFs: 42

Total Value of HF Holdings: $1.04 Billion

The top climate change stock to buy now is Enphase Energy, Inc. They are a technology company that designs and produces software-driven energy solutions that span solar generation, home energy storage, and web-based monitoring and control. The company’s first product was the M175, it was designed to output 175 Watts of AC power which was later on replaced by the M190 that offers a higher power rating of 190 Watts. During the third quarter of 2020, the company reported a revenue of $178.5 million, along with a record 41.0% for non-GAAP gross margin.

Enphase Energy, Inc recently launched its Enphase Installer Network in Australia. The product is designed to help Enphase installers grow their business with a range of innovative digital tools and exclusive benefits. These include allowing access to sales leads and metrics and analytics that can be leveraged to improve business efficiency and profits.

The top hedge fund holder for this stock is Daniel Patrick Gibson’s Sylebra Capital Management which had over $345 million invested in the stock at the end of September.

Please also see 11 Best Lithium and Battery Stocks To Buy Now and 12 Best Large Biotech Stocks to Buy Now

Disclosure: None.

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