

Please consult a tax professional for more information.Īll things being equal, if a choice in the matter existed, I believe most rational people would make an immediate pivot to renewable energy integration. However, you should note that the company is a master limited partnership (MLP), requiring unitholders to file a Schedule K-1 with their taxes. One of the midstream small-cap stocks, NGL provides multiple services to producers and end-users, including transportation, storage, blending and marketing of crude oil and other products.Īs you might imagine, soaring demand for fuel has conspicuously affected NGL, with its shares up around 31% YTD. But as an investor, you could choose to bank on this uncomfortable but real dynamic through NGL Energy Partners. That’s not exactly what you want to hear as an environmental advocate. Scientifically, very few commodity classes feature the energy density of carbon-based fuel, which means that this sector will be relevant for at least the foreseeable future. This is much better than the benchmark S&P 500 index, which is down more than 10% YTD.Īlthough clean and renewable energy is the goal, investors must acknowledge the overriding reality check: fossil fuels are incredibly difficult to quit. On a year-to-date (YTD) basis, PLL is up more than 18%. Of course, lithium is the key component integrated into EV battery packs, which means the global wake-up call could serve Piedmont well as one of the small-cap stocks to buy. By transitioning to EVs, more nations can reduce their exposure to commodity-exporting countries like Russia.
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While the free world united to impose severe sanctions on Russia, the harsh reality is that many countries are dependent on its rich natural resources - particularly fossil fuels. However, the Russian invasion of Ukraine has brought new life to Piedmont. Initially, the concept of EV integration was tied to environmental concerns - and that continues to rank highly for industry advocates.

Basically, the premise is that it doesn’t take much energy to move a low-priced equity unit higher. Therefore, any unexpected rumblings in the stock market could spell greater volatility for investments within this subsegment.Īt the same time, small-cap stocks benefit from - you guessed it - the law of small numbers. The companies tied to small-cap stocks simply don’t have the financial resources as their larger counterparts. So, naturally, investors are seeking ways to protect their money, and small-cap stocks to buy could provide a counterintuitive solution.įirst, let me state off the bat that acquiring shares of firms with smaller-than-average capitalization is inherently risky. To get penny stock updates throughout the day (every 5-10 minutes), please signup for a free account.Financial markets have been feeling the effects of recent geopolitical issues like inflation and the Russian invasion of Ukraine. Micro cap stock screener to search for stocks with micro market capitalization. Micro cap stocks are riskier than blue cheap stocks because they are more volatile. Micro cap stocks is a list of stocks with micro caps trading on NYSE, NASDAQ and AMEX.
