Companies That Will Benefit From Climate Change: 5 Stocks to Watch

In this article, we discuss the 5 companies that will benefit from the climate problem. If you want to read our detailed analysis of these stocks, go directly to Companies That Will Benefit From Climate Change: 10 Stocks to Watch.

5. Suncor Energy Inc. (NYSE:SU)

Number of Hedge Fund Holders: 32    

Suncor Energy Inc. (NYSE:SU) is a Canada-based integrated energy firm. Even though the firm is primarily known for oil-related businesses, it also has several wind farms. These farms are a growing source of revenue for the company and are spurring further investments into clean energy sources. 

Suncor Energy Inc. (NYSE:SU) has an impressive dividend history and recently declared a quarterly dividend of C$0.42 per share, an increase of 100% from the previous dividend of C$0.21 per share. 

At the end of the third quarter of 2021, 32 hedge funds in the database of Insider Monkey held stakes worth $1 billion in Suncor Energy Inc. (NYSE:SU), the same as in the previous quarter worth $1.1 billion.