OPAL Fuels (OPAL) Profile Bolstered with Russell 3000 Index Addition

OPAL Fuels Inc. (NASDAQ:OPAL) is one of the best green energy penny stocks to buy right now. On June 30, the company was officially added to the Russell 3000 index. The addition is a significant boost to the company’s profile as the index lists the 3,000 largest US stocks by market capitalization.

OPAL Fuels (OPAL) Profile Bolstered with Russell 3000 Index Addition

With the addition, Opal will also be included in the small-cap Russell 2000 index, in addition to other growth and value style indexes. The addition marks a significant achievement in the company’s evolution.

“This recognition highlights our position as an emerging leader in the small-cap segment, providing investors with exposure to our innovative, vertically integrated renewable energy model. We expect this recognition to enhance our visibility among investors,” said Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels

OPAL Fuels Inc. (NASDAQ:OPAL) is a leader in the capture and conversion of biogas into low carbon intensity RNG and renewable electricity. It is also a leader in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-decarbonize industrial sectors.

While we acknowledge the potential of OPAL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OPAL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Most Popular AI Penny Stocks to Buy According to Billionaires and 10 Best Defensive Stocks to Buy in a Volatile Market.

Disclosure: None. This article is originally published at Insider Monkey.