5 Best Green Stocks To Invest In

1. General Electric Company (NYSE:GE)

Number of Hedge Fund Holders: 67

General Electric Company (NYSE:GE) tops our list of the best green stocks to invest in. Recently, the company has signed an agreement with GE Renewable Energy to improve the supplies of metals used for manufacturing EVs and renewable energy equipment.

As of Q2, 67 hedge funds tracked by Insider Monkey reported having stakes in General Electric Company (NYSE:GE), compared with 68 in the previous quarter. The total worth of these stakes is over $6.08 billion.

On September 10, General Electric Company (NYSE:GE) declared a quarterly dividend of $0.08 per share, yielding 0.31%. In Q2, the company reported a 33% growth in its total orders, worth $18.3 billion.

Vulcan Value Partners mentioned General Electric Company (NYSE:GE) in its Q1 2021 investor letter. Here is what the firm has to say:

“General Electric is outperforming our expectations for 2021 as the economic recovery is occurring faster than expected. We are particularly pleased with its free cash flow generation. We are happy to own it in our portfolio.”

You can also take a look at 10 Best Solar Energy Stocks To Buy Now and 11 Best Clean Energy Stocks To Buy.

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