5 Best ESG Stocks to Invest In

In this piece we’ll take a look at the top five best ESG stocks to invest in. For more stocks, the methodology and risk/reward of this list, head on to 10 Best ESG Stocks to Invest In.

5. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 166

% of Vanguard ESG U.S. Stock ETF Holdings: 1.03%

Visa Inc. (NYSE:V) is the largest payment processor in the world. In fiscal 2021, the company processed more than $10 trillion in purchasing transactions. Visa is present in over 200 countries and accepts payments in over 160 currencies. Its systems can handle approximately 65,000 transactions per second.

Visa Inc. (NYSE:V) reported Q3-2022 revenue of $7.3 billion, up 19% year-over-year and non-GAAP EPS was $1.98, up 33%. The management continues to see positive trends in terms of additional spending and transaction lift in the U.S.

Here is what Polen Global Growth Fund had to say about Visa Inc. (NYSE: V) in its Q1 2022 investor letter:

“We added to both Visa and Mastercard during the final quarter of 2021, based on the belief that both businesses were trading at attractive prices and poised to deliver double-digit returns over the next three to five years. Cross-border transactions–a highly profitable business segment for both companies–represent roughly 10% of Visa and Mastercard’s volumes and 25% of their gross revenues, so lockdowns have severely impacted this segment due to stifled travel… We think these near-term headwinds have created an attractive long-term investment opportunity.”

This stock was held by 166 hedge fund holders in our database at the end Q2-2022 and is therefore included in our list of 10 Best ESG Stocks to Invest In.