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Benzinga highlights green and defensive penny-stock options for investors
The green penny-stock list includes American Battery Technology Co., which says it received $4.5 million in government funding to expand production of battery materials.
Benzinga compiled two stock lists aimed at different investor preferences, highlighting so-called green penny stocks and defensive stocks. The green-tech screen focuses on companies tied to renewable energy and low-carbon practices amid government limits on carbon emissions and investor demand for lower-pollution exposure.
In the green penny-stock roundup, Benzinga points to American Battery Technology Company, trading as ABML, describing its business model around recycling lithium-ion batteries and extracting materials with a closed-loop process. The article also says ABML received $4.5 million in government funding to expand production of battery materials, and it cites positive financial indicators including cash reserves, reduced operating costs, higher research and development investment, and potential additional government grants.
Benzinga also includes SPI Energy Co. in its green penny-stock list, describing the company as providing solar storage and electric vehicle solutions, including development, financing, and installation of residential power projects. The roundup describes SPI Energy’s geographic reach across China, Japan, Europe, and North America and notes that the company generates revenue from manufacturing EVs and EV charging-related activity, along with other components of its energy offerings.
Separately, Benzinga’s defensive-stock piece frames the S&P 500 as a benchmark for U.S. equities and positions defensive companies as a category investors often turn to, though the provided excerpt does not include specific results or additional details beyond that framing.
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