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PAST TOP PICK
(A Top Pick Sep 04/18, Down 5%) It's industrials and utilities in water. He's not surprised this is under water because industrials are down. As climate change worsens, governments will need to invest heavily in water infrastructure (due to flooding and drought). He has no problem adding to his position.
E.T.F.'s
DON'T BUY
It's too small for him. He prefers larger companies. It pays a big dividend over 8%. Definitely a riskier green utility. They own geothermal projects in Nicaragua. Geothermal is commendable with great potential, but PIF owns only a few projects. He needs to see more projects and diversification for him to buy. That high dividend means limiting their growth.
INDUSTRIAL PRODUCTS
BUY
Is the dividend safe? Stable company. Their price to book is 2.41. (Above 3 is a red flag.) So, they can pay their dividend, yet acquire new projects.Their PE is 17. He hasn't seen any issues with PEGI. As long they keep earning those cash flows and pay that dividend, this is fine.
electrical utilities
COMMENT
We're making batteries as cheap as possible, and that means lithium. He expe expects growing demand for lithium in coming years. But given supply, the lithium price may fall or stay the same. Lithium is a commodity and he's cautious about commodities. The trend for e-cars may propel this stock and space. Be cautious.
Mining
TOP PICK
WATCH
After cannabis legalization, we'll see a lot more cannabis growing and in turn offshoots. The waste from cannabis growers will have many uses, from food to clothing. Hemp is a magical plant with many, many uses. But you gotta be a little careful with HEMP and this sector because of volatility, but it looks promising for the future. He'd rather invest in the cannabis off-shoots then the producers; cannabis is a commodity and he's wary of commodities. Watch this space.
Healthcare
TOP PICK
Tracks the broad U.S. market, basically swapping out the S&P, but it's the first ETF to be socially responsible, fossil fuel- and gun-free. Caveat: It haas few assets and limited volume. Use a limit order when buying. Maybe give this a little more time to add more assets. This is good for couch potatoes who want to passively invest away from oil. CVS and Starbucks are some of the holdings.
E.T.F.'s
