In recognition of #WorldEnvironmentDay, we're looking for stocks to help green up your portfolio. Our Head of North American Research Gary Christie built a screen inside Reuters Eikon to search for U.S. listed companies that have the highest-ranked ESG score and Environmental Pillar Score. The companies must have a Water, Energy, and Sustainable packaging efficiency policy in place. He then took the top results and built a custom watchlist inside Trading Central's "Technical Insight" screener and searched for bullish classic patterns.
Turns out, there are lots of reasons to go green. #OnlyOneEarth
Levi Strauss & Co (LEVI:NYSE) confirms a head and shoulders bottom reversal pattern. The company scored a 63 for ESG and 83 for the Environmental Pillar Score. The stock ranked 31 out of 62 on our list of the top Eco friendly stocks in the USA.
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ResMed Inc (RMD:NYSE) also confirmed a head and shoulders bottom reversal pattern and scored a 72 and 77 for ESG and Environmental Pillar.
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Nike Inc (NKE:NYSE) confirmed a Double Bottom. The company scored a 67 and 78 for ESG and Environmental Pillar.
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The top stock on the list is Owens-Corning (OC:NYSE) which has an impressive 95 and 97 for ESG and Environmental Pillar. The stock confirmed a rare continuation diamond pattern.
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Eastman Chemical (EMN:NYSE) also confirmed a double bottom pattern. The company ranked 82 and 86 for for ESG and Environmental Pillar
