Sneha Shah
Long/short equity, research analyst, tech, solar

EnerNOC - Largest DR Provider Is Ripe For Acquisition

EnerNOC (NASDAQ:ENOC) is a smart grid company that has shown spectacular growth over the last 6 years since its IPO. The company's main business is energy demand response which accounts for a majority of its revenues and profits. The company's stock price has fallen drastically from its all time lows, as the company lost a legal case against its biggest customer PJM and the sentiment towards green stocks turned adverse. However, the stock has climbed up more than 150% in the last one year as the fundamentals have improved and the company continues to expand into new efficiency areas such as natural gas management, as well as new geographies such as New Zealand, Australia, Canada and the United...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details