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...

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