Over the past two weeks, UQM Technologies (NYSEMKT:UQM) had its latest quarterly earnings call, which sent shares down to their current level of $1.85. Since that time, I also had the opportunity to meet with management to discuss the quarter in more detail. Because of this, along with the current price which is near my low-end target, I thought it would be a good time to provide an update for readers. Overall, I believe that the downward pressure on the stock has to do with the lack of progress, or backwards progress, with the company's passenger automobile programs. But, we actually came away more bullish from the recent quarter. Management has become increasing more bullish on the outlook...
|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|