BP shares are my best buy for March along with one dirt-cheap bonus stock

own BP (LSE: BP.) Shares can have some people rushing to glue themselves to the streets in protest. However, I believe it is good news for the planet as well as investors.

It is an investment for the long term in every sense, which makes it the best purchase for my portfolio in March.

BP is transitioning to become an integrated energy company to help the world’s zero-emissions revolution.

In the medium term, there are 1.4 billion cars worldwide that need to be filled with dinosaur juice. At the moment, BP’s size and scale means its resources can deliver the global change environmental campaigners want.

Powering clean transportation

For example, BP recently announced plans to invest $1bn by 2030 into electric vehicle (EV) charging points in the US.

It is also partnering with global rental giants Hertz to roll out fast power at the rental depot.

Investments in charging hubs will include large-scale development for rideshare and taxi drivers.

EV charging is one of BP’s “strategic growth engines” in which the company plans to significantly expand investment by 2030.

BP has 22,000 EV charging points worldwide. It aims for 100,000 worldwide by 2030.

One BP pulse The brand is creating the first charging corridor for trucks in Europe as demand increases. Experts say that by 2030 there will be 270,000 electric trucks on the road. They need 140,000 public electric charging points.

In England, BP pulse has a network of 9,000 public chargers and has installed more than 50,000 home chargers.

Plan for the future

For me, it’s the best of both worlds. It rules the world today and tomorrow. I understand that change takes time, especially for a company with $250bn in revenue and a 4% dividend yield.

I also noticed that very few companies can make a change.

Some call BP the dinosaur because of its involvement in fossil fuels. There are risks of demonstrations, legislative restrictions, and the constant specter of potential oil spills.

But in my opinion, despite the risks, BP is a company that makes changes in the future. I want to invest so that I can master my portfolio as well.

All board the bonus bus

My bonus deposit is a global transportation provider National Express Group.

Full-year results for 2022 are due on March 2. I don’t think the current stock price reflects its potential.

It has fallen almost 50% in the past year. There may be a risk of further collapse; the historical low is 40% below the current stock price.

However, there are many signs of growth and the executives want to return the dividend for the results of 2022. The previous performance is not guaranteed, but anything similar will yield 4-8%. He came back healthy.

Because of the potential for growth and increased operating margins, I am staying on this journey for the long term.