6 stocks for a greener planet

Another consumer area ripe for greening: wood and paper products. Sino-Forest trades on the Toronto exchange but is actually a Chinese lumber company. Segrich says it is known for its sustainable forestry practices and this year has invested $1.3 billion to buy trees in China to meet rising consumer demand there for everything from building materials to paper goods. Sino- Forest's earnings are growing 15% to 25% annually, and its stock has a below-market P/E of 14. Says Segrich: "This stock is a good long-term growth play."

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