Markets

Insider Trading

Hedge Funds

Retirement

Opinion

11 Best ESG Dividend Stocks to Buy According to Al Gore

In this article, we discuss 11 best ESG dividend stocks to buy according to Al Gore. You can skip our detailed analysis of Al Gore’s sustainable investing and current scenarios, and go directly to read 5 Best ESG Dividend Stocks to Buy According to Al Gore

Former Vice President of the US and Generation Investment Management’s co-founder Al Gore has been a staunch supporter of ESG investing. His hedge fund aims to integrate sustainability into the investment process and uses related tools to carry out the financial analysis.

In one of his interviews with NordSip this September, Al Gore discussed the availability of various political and economic solutions to tackle climate change. He also talked about the Inflation Reduction Act and said that all countries need to take more ambitious steps to reverse the climate crisis. In another interview with Reuters last month, Al Gore said that the current environment with rising oil prices can encourage governments to decarbonize faster. He further mentioned that investments in a clean economy are expected to exceed $1 trillion over the next few years.

Al Gore’s firm launched a new fund earlier this year that targets companies contributing to lower emissions. The $1.7 billion Sustainable Solutions Fund IV will allow the hedge fund to invest in corporations that are shifting their industries and operations toward sustainability. Moreover, the fund recently announced its collaboration with other ESG-centric programs to make investments in limiting global warming to 1.5 degrees Celsius above pre-industrial levels. Overall ESG stocks are gaining ground among investors as they try to increase their sustainable investing exposure. Since 2010, ESG funds have significantly outperformed non-ESG funds in America and Europe, according to a report by Economist.

At the end of Q2 2022, Generation Investment Management’s 13F portfolio had a total value of over $18.3 billion, compared with $21.8 billion in the previous quarter. The hedge fund held major investments in the healthcare, technology, finance, and services sectors. Some of its major holdings include Alphabet Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT). Moreover, dividend stocks also make up a significant portion of the firm’s portfolio. In view of this, we will discuss the best ESG dividend stocks to buy according to Al Gore.

Our Methodology:

For this list, we selected stocks from Generation Investment Management’s 13 F portfolio as of Q2 2022. The companies mentioned below are increasingly considering environmental, social, and governance (ESG) issues as part of their financial investments and analysis. Moreover, these companies pay dividends to shareholders. The stocks are ranked according to their stake values in the hedge fund’s portfolio.

Best ESG Dividend Stocks to Buy According to Al Gore

11. Microchip Technology Incorporated (NASDAQ:MCHP)

Generation Investment Management’s Stake Value: $76,630,000

Microchip Technology Incorporated (NASDAQ:MCHP) is an Arizona-based manufacturing company that specializes in microcontrollers, mixed-signal, and other related circuits. The company also focuses on its environmental and social responsibility which influences its decision-making processes.

Microchip Technology Incorporated (NASDAQ:MCHP) started paying dividends to its shareholders in 2003 and has raised its dividends 70 times since then. This makes the company one of the best dividend stocks on our list. It currently pays a quarterly dividend of $0.301 per share and has a dividend yield of 1.94%, as of October 28.

Generation Investment Management started investing in Microchip Technology Incorporated (NASDAQ:MCHP) during the second quarter of 2018, purchasing shares worth over $31 million. In Q2 2022, the hedge fund owned over 1.3 million shares in the company, worth over $76.6 million. The company represented 0.41% of the firm’s 13F portfolio.

In October, Needham maintained a Buy rating on Microchip Technology Incorporated (NASDAQ:MCHP) with an $82 price target, forecasting a positive growth rate in the upcoming quarter.

At the end of Q2 2022, 41 hedge funds tracked by Insider Monkey owned stakes in Microchip Technology Incorporated (NASDAQ:MCHP), compared with 42 in the previous quarter. These stakes have a collective value is over $1.04 billion. With nearly 4 million shares, Platinum Asset Management was the company’s leading stakeholder in Q2.

In addition to Alphabet Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT), Microchip Technology Incorporated (NASDAQ:MCHP) is another important stock in Al Gore’s portfolio.

Aristotle Capital Management, LLC mentioned Microchip Technology Incorporated (NASDAQ:MCHP) in its Q2 2022 investor letter. Here is what the firm has to say:

Microchip Technology Incorporated (NASDAQ:MCHP), the microcontroller (MCU) and analog semiconductor producer, was also a primary detractor for the period. Shares declined during the quarter despite strong fundamentals, as the company posted its fifth consecutive quarter of record revenues. After years of industry consolidation and cost cutting, led by Microchip’s disciplined and frugal executives, the business is executing on our catalyst of enhanced profitability, with operating margins exceeding 40%. FREE cash flow generation has continued to improve, allowing the company to pay out $1.6 billion in dividends and repurchase $426 million shares since fiscal year 2019. Having paid down $5 billion in debt during the same period, Microchip’s credit rating was upgraded to investment grade in 2021, reflecting its higher-quality balance sheet. While we recognize Microchip operates in a cyclical industry, we admire the company’s history of strong FREE cash flow generation through the cycles. Moreover, our conviction remains in Microchip’s ability to grow its market share while uniquely benefiting from the secular trend of expanded usage of MCUs across segments that include 5G products, Internet of Things (IoT), data centers, electric vehicles and autonomous driving systems.”

10. The Cooper Companies, Inc. (NYSE:COO)

Generation Investment Management’s Stake Value: $394,222,000

The Cooper Companies, Inc. (NYSE:COO) is a California-based medical device company that markets specialty healthcare products. The company has increased its use of renewable energy by reducing emissions.

At the end of Q2 2022, Generation Investment owned over 1.2 million shares in The Cooper Companies, Inc. (NYSE:COO), worth over $394.2 million. The company represented 2.14% of the firm’s 13F portfolio.

The Cooper Companies, Inc. (NYSE:COO) currently pays a quarterly dividend of $0.015 per share, with a dividend yield of 0.02%, as of October 28.

Citigroup maintained its Buy rating on The Cooper Companies, Inc. (NYSE:COO) in October with a $348 price target. The firm presented a positive stance on medical device companies in this current market environment.

As of the end of June, 36 hedge funds tracked by Insider Monkey owned stakes in The Cooper Companies, Inc. (NYSE:COO), up from 33 in the previous quarter. These stakes have a total value of over $1 billion.

Artisan Partners mentioned The Cooper Companies, Inc. (NYSE:COO) in its Q2 2022 investor letter. Here is what the firm has to say:

“The Cooper Companies, Inc. (NYSE:COO) is the second largest contact lens manufacturer and a leading provider of women’s health and fertility products and services. We believe the company is well positioned to benefit from several profit cycle drivers. First, a broad shift from reusable contact lenses to soft, daily disposable lenses is underway. The convenience of less upkeep and increased comfort makes daily lenses an attractive option with higher recurring revenues to Cooper. We are also drawn to the company’s MiSight soft contact lens product, which is used to treat myopia (nearsightedness). Myopia is a global health issue—associated with increased screen time and indoor activity—affecting ~30% of the population and is expected to reach 50% over the coming decades (with particularly high prevalence among children). MiSight is the first and only FDA-approved myopia control contact lens, and we believe it could open a multi-billion-dollar market and be a meaningful growth driver in the years ahead. Meanwhile, the company has made several acquisitions to accelerate the growth of its smaller (~25% of revenue) women’s health business.”

9. Carlisle Companies Incorporated (NYSE:CSL)

Generation Investment Management’s Stake Value: $408,039,000

Carlisle Companies Incorporated (NYSE:CSL) is an Arizona-based manufacturing company that specializes in a wide range of products including optical fibers and defense electronics. The company is one of the best dividend stocks as it has been raising its dividends consistently for the past 46 years. Currently, it pays a quarterly dividend of $0.75 per share and has a dividend yield of 1.24%, as of October 28.

During the second quarter of 2022, Generation Investment increased its position in Carlisle Companies Incorporated (NYSE:CSL) by 3%. The firm owned over 1.7 million CSL shares at the end of the quarter, worth over $408 million. The company represented 2.22% of the firm’s 13F portfolio.

In October, Credit Suisse upgraded Carlisle Companies Incorporated (NYSE:CSL) to Outperform with a $363 price target. The firm expects the company to continue to benefit from the positive secular trend of greater building efficiency.

At the end of Q2 2022, 30 hedge funds tracked by Insider Monkey owned stakes in Carlisle Companies Incorporated (NYSE:CSL), compared with 29 in the previous quarter. These stakes have a total value of $866 million. Harris Associates was one of the company’s leading stakeholders in Q2.

Polen Capital mentioned Carlisle Companies Incorporated (NYSE:CSL) in its Q2 2022 investor letter. Here is what the firm has to say:

CSL’s recent update indicated that the worst COVID-19 impacts on the business are likely past, with plasma collections now snapping back. CSL’s core business continues to enjoy significant competitive advantages, in our view, and, as collected plasma is processed into finished products, we believe sales will return to their pre-COVID-19 levels. It will take time for this to play out, but it is a welcome improvement. Most of the other segments of the business are performing well, and steady demand for CSL’s products, which are less economically sensitive, has likely contributed to the stability of shares recently.”

8. Thermo Fisher Scientific Inc. (NYSE:TMO)

Generation Investment Management’s Stake Value: $486,718,000

Thermo Fisher Scientific Inc. (NYSE:TMO) is an American supplier of scientific instruments, reagents, and other software products. During the second quarter of 2022, Generation Investments owned shares worth over $486.7 million in the company, after raising its position by 2%. The company represented 2.65% of the firm’s 13F portfolio.

Thermo Fisher Scientific Inc. (NYSE:TMO) has been raising its dividends consistently for the past five years, coming through as one of the best dividend stocks on our list. It currently pays a quarterly dividend of $0.30 per share with a dividend yield of 0.24%, as of October 28.

Morgan Stanley appreciated the ability of Thermo Fisher Scientific Inc. (NYSE:TMO) to execute despite current economic conditions. In view of this, the firm maintained an Overweight rating on the stock in October with a $613 price target.

As of the close of Q2 2022, 93 hedge funds tracked by Insider Monkey owned stakes in Thermo Fisher Scientific Inc. (NYSE:TMO), compared with 101 in the previous quarter. These stakes have a collective value of over $7.8 billion.

Baron Funds mentioned Thermo Fisher Scientific Inc. (NYSE:TMO) in its Q3 2022 investor letter. Here is what the firm has to say:

Thermo Fisher Scientific Inc. (NYSE:TMO) is the world’s largest life sciences tools company. Shares fell due to the rotation out of life sciences tools stocks, driven by concerns about a possible global recession, foreign currency exposure, COVID-related lockdowns in China, and reduced levels of biotechnology funding. We continue to believe Thermo Fisher has a strong long-term growth outlook given a large and growing addressable market coupled with its industry-leading scale, commercial infrastructure, e-commerce platform, supply-chain capabilities, and R&D investment.”

7. Intel Corporation (NASDAQ:INTC)

Generation Investment Management’s Stake Value: $552,560,000

Intel Corporation (NASDAQ:INTC) is an American multinational semiconductor company that also specializes in cloud computing and data centers. It actively pursues innovative ways to apply technology in order to address global challenges.

Intel Corporation (NASDAQ:INTC) is one of the best dividend stocks on our list as it has been paying dividends consistently for the past 28 years. Moreover, the company has raised its dividends for 7 years in a row. It currently pays a quarterly dividend of $0.365 per share and has a dividend yield of 5.19%, as of October 28.

During Q2 2022, Generation Investment increased its position in Intel Corporation (NASDAQ:INTC) by 14%. The firm’s total stake in the company amounted to over $552.5 million, which represented 3.01% of its 13F portfolio.

In October, Summit Insights upgraded Intel Corporation (NASDAQ:INTC) to Buy from Hold.

As of the end of the June quarter, 65 hedge funds in Insider Monkey’s database owned stakes in Intel Corporation (NASDAQ:INTC), compared with 76 in the previous quarter. These stakes have a consolidated value of over $2.5 billion. Ken Griffin and Cliff Asness were some of the company’s leading stakeholders in Q2.

6. Applied Materials, Inc. (NASDAQ:AMAT)

Generation Investment Management’s Stake Value: $555,224,000

Applied Materials, Inc. (NASDAQ:AMAT) is a California-based manufacturing company that supplies services and software for the manufacturing of semiconductor chips. During the second quarter of 2022, Generation Investment increased its position in the company by 44%. The firm’s total AMAT stake amounted to over $555.2 million, which represented 3.02% of its 13F portfolio. The company is one of the prominent holdings of Al Gore alongside Alphabet Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT).

Applied Materials, Inc. (NASDAQ:AMAT) currently pays a quarterly dividend of $0.26 per share. The company has been raising its dividends consistently for the past five years, which makes it one of the best dividend stocks on our list. The stock has a dividend yield of 1.19%, as of October 28.

In October, New Street upgraded Applied Materials, Inc. (NASDAQ:AMAT) to Buy with a $115 price target. The firm presented a positive stance on semiconductor companies.

At the end of Q2 2022, 67 hedge funds tracked by Insider Monkey owned stakes in Applied Materials, Inc. (NASDAQ:AMAT), down from 74 in the previous quarter. The collective value of these stakes is over $3.68 billion.

Click to continue reading and see 5 Best ESG Dividend Stocks to Buy According to Al Gore

Suggested articles:

Disclosure. None. 11 Best ESG Dividend Stocks to Buy According to Al Gore is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.

Trust me — you’ll want to read this report before putting another dollar into any tech stock.

For a ridiculously low price of just $9.99 a month, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!