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Green Chip stock

stock-tradingGreen Chip stocks are the stock of the companies , who are more focused on improving the environment,rather than earning handsome profits. These types of companies focus their efforts in dealing issues like  solar energy ,wind energy,carbon emission control etc.We should not confuse this stock with blue chip stock,as both are entirely different from each other.Blue chip stock is always a financial stable and reliable stock,but green chip stock is not necessarily a stock of  profitable company.

 

Green chip stocks mostly attract environment friendly people,who are not so much concerned about the profitability of the stocks.The term “Green chip” was coined by the financial writer Jeff Siegel in 2007. Companies like JA Solar and Mxwell technologies are the best examples of Green Chip companies.

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About Emaad Qureshi