🥵It’s Getting Hot In Here & So Are These Stocks

Here’s a piece of trivia you may have never even thought of; 8 of the hottest years recorded in history have all come since 2015. And we’re on track for yet another year as an El Niño weather pattern is developing. The last time this happened was 2016, history’s hottest year.

There’s a direct correlation between weather and investment trends, not limited to making you (or your wallet) sweat.

Today, we’ll discuss:

Read on to learn more!

🌡️It’s A Lot More Serious Than Just Extreme Weather

A warming world means everyone will have to deal with hotter temperatures, and everyone knows that. That also means we will look for more ways to stay cool collectively.

It’s a big plus for air-conditioning, ventilation, and heating companies (and any other firms involved in keeping heat away) that will work on innovations and technologies that make our everyday activities less hot and climate-friendly.

Why? These technologies and innovations will create growth opportunities for said companies: because, well, let’s face it– usefulness begets value, and value is growth.

What does the data say?

How are we sure? 3 billion people live in the hottest places on Earth, but only 8% of that number have air conditioning. Another exciting thing is these areas, which include the Middle East and Africa, have had expanding incomes in the last couple of years and increased populations; much faster than the rest of the world.

This data points to increased demand for HVAC (Heating, Ventilation, and Air Conditioning) products and services. To back this claim up, take Seattle, for example. It was once the least air-conditioned city in the United States, a tag that has since disappeared thanks to recent heat waves.

There’s also the talk of business entities, individuals and governments contributing to the decarbonization movement by reducing their footprints. Global efforts have been centered on switching to solar energy, battery storage or heat pumps to make buildings more sustainable. Everyone’s trying to go green!

The sum of all these factors means the HVAC-related market will be ripe with ample opportunities. You certainly should pay attention to these trends– either from an investing standpoint or if you seek to enter as an entrepreneur, just like HVAC startup BlocPower.

🔥Hot Stocks for a Hot World

With that said, here are some stocks you should consider betting on:

💡Opportunity In The Face of Mishap

It's becoming increasingly clear that the world is getting warmer, and we can see evidence of this in the thick smoke that has recently covered areas like New York and the Northeast Corridor.

Unfortunately, scientific evidence suggests that these warming trends are likely to continue. This has significant consequences that will affect our lives, including food production, access to clean water, and severe health concerns.

In addition, the conversation around creating cooler and more energy-efficient workspaces and homes is shifting from being seen as a luxury to becoming a necessity. As a result, there will be a growing demand for products, services, and equipment that can help address this challenge.