Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Challenging End Markets Weighing On Global Power Equipment

Roughly a year ago, I looked into Global Power Equipment (NASDAQ:GLPW) ("Global Power Equipment Is Either A Big Value Or A Trap") and came away thinking that although 2013 would be a challenging year, there was a good risk-reward profile overall. The performance since then has reflected that to some extent, as the shares are up about 15% since then, but have been relatively volatile.

Demand in the nuclear power service market has remained weak, and the company's efforts to build out its products/solutions business are going to take time to bear fruit. Long term, it makes sense to get involved in areas like pipelines, distributed generation, and LNG, but plenty of companies with ties to...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
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