Love Your Planet? – Invest In Earth Stocks

In an article by John Quealy on SeekingAlpha, analysts comprising Canaccord Adams' sustainability practice provided insight on four companies that make a good Earth Day investment.

Nalco (NYSE: NLC) has capitalized on the change in climate and scarcity of water. Nalco seems to be fundamentally undervalued considering that it has strong long-term secular global growth drivers. John Quealy said,“With a core competency in water treatment technology and an emerging presence in multi-pollutant air emission control, we continue to find the company uniquely positioned to benefit from an increasing focus on environmental impacts, while also providing critical productivity and process optimization solutions.”

Rubicon Technology (NASDAQ: RBCN) is a leading materials supplier for energy-efficient LED lighting products. John Quealy quoted Jed Dorsheimer as saying that "The company is a leading supplier of sapphire substrates to the LED market, with 25% market share based on our estimates. In our view, sapphire has become the clear bottleneck in the LED market based on the massive order trends over the past year of MOCVD tools, which is expected to continue."

NCI Building Systems (NYSE: NCS) is expanding as a result of the shift toward green building practices in non-residential construction. Eric Prouty and Eric Glover of Canaccord Adams say, "We view NCI as an interesting play on the steady shift toward green building practices in nonresidential construction. Representing approximately 10-12% of all new nonresidential construction projects in the U.S., green building represents the most significant building movement today."

Newalta (TSE: NAL) is a leader in waste management and recovery in Canada. John Quealy quoted Sara Elford of Canaccord Adams as saying that, "We continue to highlight Newalta Corporation as one of our top picks for 2010. Newalta is Canada's leading industrial waste management company, with a strategic focus on recovering products and recycling resources from industrial residues. On an annual basis, the company recovers roughly C$400 million worth of reusable products that would otherwise go to disposal."