Transportation

A Basket of Green Stocks to Buy

Stock quotes in this article:PPO, SQM, JCI, AONE, ABAT, F, NSANY 

Advanced Battery Technologies

52-Week Range: $3.02-$4.80

Company Overview: Advanced Battery Technologies(ABAT) develops, manufactures and distributes rechargeable polymer lithium-ion batteries.

Analyst Assessment: "If I wanted to invest in and take advantage of this market, I would use a basket of stocks offering diversity in market cap, business segments, and risk allocation," Collins says. "On the aggressive side, I might consider AONE for a small allocation, but would much prefer Advanced Battery Technologies. It stands with a market cap of only $244 million, has no debt, 23% of the company market cap is cash ($0.82 per share), and it is profitable with a forward P/E of around $9. They are small in the electric market, but growing with a focus on bikes, scooters and SUV's. I think a target of $5 per share in the next 6 to 12 [months] is achievable. I would pair JCI and PPO with ABAT, SQM, and possibly AONE to create a 'Green Group' basket. A bet on one, especially on something like AONE or ABAT is simply that ... a bet."

-- Written by Andrea Tse in New York.

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