Pocket-Friendly Eco-Investing: The Best Cheap Sustainable Stocks

I have personally invested in a few green stocks and they have worked out well for me. I suggest looking at Tesla (www.tesla.com) as a great option for sustainable stocks. Tesla is a leader in the green energy and technology industry and has seen tremendous growth over the last few years. It has a strong focus on sustainability and is constantly looking for new ways to reduce its carbon footprint. Additionally, Tesla is a publicly traded company which makes it easily accessible for potential investors. Investing in Tesla is a great way to support the green economy, while also potentially making a good return on your investment.

NextEra Energy is a clean energy company that operates wind and solar power plants. It is the largest producer of wind energy in the world and has a solid track record of growth and profitability. The company has a commitment to sustainability, with a goal of reducing carbon emissions by 50% by 2030. NextEra Energy has a low price-to-earnings (P/E) ratio, making it an attractive option for investors looking for cheap sustainable stocks.

Brookfield Renewable Partners is a renewable energy company that operates hydro, wind, and solar power plants. The company has a diversified portfolio of assets, providing exposure to a range of clean energy sources. Brookfield Renewable Partners has a commitment to sustainability, with a goal of reducing its carbon footprint by 33% by 2025. The company also has a strong dividend history, making it an attractive option for income-seeking investors.

TerraForm Power is a renewable energy company that operates wind and solar power plants. The company has a portfolio of high-quality assets and a commitment to sustainability, with a goal of reducing its carbon footprint by 50% by 2030. TerraForm Power is well positioned for growth, with a strong pipeline of projects in development. The company has a low P/E ratio, making it an attractive option for value-seeking investors.

Enphase Energy is a solar technology company that develops and sells microinverter systems. Microinverters are a key component in the solar panel installation process, making them an important player in the clean energy space. Enphase Energy has a commitment to sustainability, with a goal of reducing carbon emissions by 90% by 2030. The company has a low P/E ratio, making it an attractive option for growth-seeking investors.

Canadian Solar is a solar panel manufacturer that develops and sells photovoltaic panels. The company has a commitment to sustainability, with a goal of reducing its carbon footprint by 50% by 2030. Canadian Solar is well positioned for growth, with a strong pipeline of projects in development. The company has a low P/E ratio, making it an attractive option for value-seeking investors.

Plug Power is a fuel cell company that develops and sells hydrogen fuel cell systems. Fuel cells are a clean energy source that produce electricity without producing emissions. Plug Power has a commitment to sustainability, with a goal of reducing carbon emissions by 90% by 2030. The company has a low P/E ratio, making it an attractive option for growth-seeking investors.