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National Pet Day isn't just for dogs and cats.
It's also a good time to think about "impact investing," which aims to make the world a better place for all its inhabitants, animals and humans.
An analyst team at AskTraders, a London-based financial services platform, decided to delve into animal welfare, recognizing that cruelty-free investing was becoming a hot topic among its online community.
Here are seven investments they say you should consider if animal welfare is one of your impact investing criteria: Beyond Meat Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes.
The company went public in 2019, becoming the first plant-based meat company to go public.
The stock jumped from its IPO price of $25 a share to trade above $222 that first year, but the euphoria wore off soon after.
The price drop also ties in with other cruelty-free stocks coming to the market and offering alternative options for those looking to invest in the sector, the analyst team wrote.
But they point out that Beyond Meat is still a standard bearer for the cruelty-free sector, and many will be considering buying in at levels where it can be argued to be undervalued.
Microsoft Corp.
Microsoft is not involved in any activities that harm or exploit animals
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Social Entrepreneurship
Spotlight
Halcyon Incubator Selects Inaugural Class of Fellows
Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.