Jessica Cummins is a great reporter at Stock Head. She wrote a story today about 3 decarbonization stocks recommended by Harley Grossman. He's the boy genius lol who turned $50,000 borrowed from his grandmother and some savings into $400,000 within four years. Now he's one of the youngest fund managers in Australia.
How is a SaaS software company like PTG a decarbonization pick? With very low environmental impact, such companies tend to have very low carbon intensity. So fund managers looking for stocks with a positive (or at least no negative) environmental impact, such companies are often included in the portfolio.
PTG Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held