Key stocks to ride the investment cycle

Cycling has never been so popular, whether it is middle aged men in lycra (Mamils) taking to the roads and the parks at the weekends, or the ever increasing numbers taking to two wheels for their regular commute, cycling now is not only big business but also a sustainable investment opportunity.
So to mark the start of this year’s Tour De France, cycling’s greatest bike race, Kames Capital’s Neil Goddin co-manager of the Kames Global Sustainable Equity Fund casts his eye over three potential stocks to ride any investment cycle whilst also being good for the environment.
Here are the three stocks he is currently pedalling!
KMC Chain Industrial:
KMC is one of the world’s largest and leading producers of chains for bicycles, including BMX, electric, mountain and road bikes. It is a scale player and is benefiting from rising prices due to its reliability and quality. One of the key drivers for the business are E-bikes and bike sharing scheme which have proliferated across major cities across the world.
Albemarle:
Albemarle is one of the biggest global lithium producers which is a vital component in the batteries that power not only electric cars but also E-Bikes which are becoming increasingly popular and are an under-appreciated source of incremental demand.
Aumann:
German engineering firm Aumann is one of the world’s leading manufacturers of wire enamelling and coil winding technology which are key components of electric motors. Again this technology is used extensively in E-Bikes, which although only a small part of it business, are becoming increasingly popular with the public as an alternative means of transport.