Echelon Corporation (NASDAQ:ELON) produces, markets and maintains multi-application energy control networking platforms. Currently, 100 million devices and 35 million homes utilize Echelon's technology. The company contributes greatly to smart buildings and smart cities projects as its products reduce energy usage by more than 20%. Can this innovative company's market value double?
Echelon's current market value is exactly $100 million. In the last 10 years, the company's market value ranged from $89 million to $1.27 billion. As you can tell, the company's investors have seen a lot of volatility and many of them lost a lot of money by investing in this company. In fact, between 2003 and 2013, Echelon's share price has depreciated by 83%. The company could...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|