Back in 2019 I wrote up an investment thesis on Westport Fuel Systems (NASDAQ:WPRT), arguing that the company's natural gas powered engines will be a big hit in China and other regions as the transition away from fossil
Westport Fuel Systems: 'Transition Fuel' May Just Not Be Enough
Summary
- Westport Fuel Systems have enjoyed surging sales as their natural-gas powered vehicle engines saw steady growth in China and other regions.
- However, the explosive growth in alternative energy systems may leap ahead of natural gas engine demand, causing the company's long-term prospects to come to question.
- Even though the next year or two are likely to remain prosperous, I've turned bearish on the company's long term.
As part of my earnings growth strategy, I invest, trade and write about small under-covered growth companies which don't get much attention from establishment analysts as well as use the strategy to interpret short and long term moves in bigger, well established companies in the United States, Europe and the Asia-Pacific region.-All articles and the information in them are my opinion based on my own research and analysis and should not be taken as investment advice without proper due diligence and advice from a professional financial adviser.
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