Robert Rhodes'  Instablog

Robert Rhodes
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I have watched, listened, learned and played the markets for about 25 years. At first my interest reflected a natural curiosity about business, but after legal training I graduated into a more educated and holistic view of the market as a reflection of litigation, law, news, market share,... More
  • Westport Announces Partnership With Russian Engine Maker GAZ For CNG Engines 0 comments
    May 30, 2013 12:44 PM | about stocks: WPRT, GTLS

    Though I do not expect this partnership to produce a sudden jump in Westport's (NASDAQ:WPRT) bottom line, it will continue to promote Westport's international brand recognition and market penetration for its proprietary products. Specifically, CNG adoption as a fuel should lead to long term awareness and adoption of Westport's patented and proprietary LNG fueling systems and HPDI technology for heavy freight. This may also lead to long term sales for companies involved in the infrastructure and equipment that support CNG fuel. Industry leader Chart Industries (NASDAQ:GTLS)comes to mind.

    Disclosure: I am long WPRT, GTLS.

    Stocks: WPRT, GTLS
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