https://youtube/watch?v=H1mX8ptsmBM A bloodied natural-gas stock to buy now, Buy when theres blood in the streets. Baron Rothschild Westport Innovations (WPRT) : Westport is the global leader in technology for natural gas engines for transportation. It currently holds 327 patents, which is more than Ford, Toyota and GM combined. The company and its affiliates have nearly 500 more patents pending. Westport designs are used in cars, trucks, buses and now locomotives. Westport has joint ventures with Cummins and Weichai of China giving it access to huge markets. Over the past year the company has changed its business model from being an engine manufacturer to a supplier and partner with OEMs (original equipment manufacturers). This transition, though it has generated multiple new agreements, has been a slow painful process financially. Shareholders got fed up and threw in the towel recently when the company had to scale back revenue projections for 2014 and indicated another delay in becoming profitable. I am high on the company for a few reasons: Itâs a technology leader in an industry that is growing, the companys balance sheet is strong enough to weather the storm, insiders hold a large chunk of shares, and ultimately, I believe the new business model which will cut overhead and expand markets is the right one.
Posted on: Sun, 05 Oct 2014 17:14:59 +0000
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