The firm sees these stocks as rising stars in the environmental, social and governance realm.
Morgan Stanley's list of the biggest rising stars in the socially conscious investing space includes four U.S. stocks. The firm compiled its top picks among what it calls "rate of change" stocks within the environmental, social and governance realm, analyst Stephen Byrd said in a note to clients on Monday. A majority of the highlighted stocks from North and South America are traded in the U.S.
DE 5Y mountain Deere & Co. Another name listed by Morgan Stanley is Eastman Chemical . The materials company noted that all the major equipment has been installed in its molecular recycling factory in Kingsport, Tenn., which it expects to have running by mid 2023, the bank said. The company is hopeful that plant will lead to the creation of similar facilities in France and another, yet-to-be-disclosed city in the U.S., the firm's report said.
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