Westport Innovations (WPRT) +1.5% premarket after Q4 earnings miss estimates but revenues beat...

Westport Innovations (WPRT) +1.5% premarket after Q4 earnings miss estimates but revenues beat consensus. Issues upside guidance for FY 2013 with revenues of $430M-$460M vs. consensus $422M. Jefferies thinks this is a good entry point for the stock, seeing a number of positive catalysts over the next 12-18 months.

Comments (1)
  • rmondave
    , contributor
    Comments (8) | Send Message
    This is the next big thing, but there are some risks/hurdles, but as long as the pols dont get in the way...Nat Gas and WPRT are well positioned for significant growth. I am cautiously optimistic that King Obama has figured out that an energy source that is abundant, cheap, and produces much less carbon footprint than oil, is far better than a pipe dream, pie in the sky bet (of taxpayer money) on solar.
    Once Obama gives up and stops micro managing, things will get better. Just look at the job growth today! And noteworthy to point out, NOT DUE TO ANY STIMULUS package! Just think if 10% of the stimulus package was allocated to tax credits on opening up NatGas filling stations along our major highways, we would have gotten a bigger return than all the money that was thrown down the drain, stolen, etc.
    8 Mar 2013, 10:23 AM Reply Like
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