Westport Fuel Systems: Likely To Roar Ahead As Headwinds Dissipate

Pinxter Analytics
5.02K Followers

Summary

  • Westport Fuel Systems has seen its share price crater as their joint venture with Cummins concluded and as supply chain issues, Russia's invasion of Ukraine and gas prices hurt growth.
  • But I believe that not only are these headwinds temporary, they are likely to aid the company in the long run as they are resolved, concluded or reverse course.
  • As a result, I am increasingly bullish on Westport Fuel Systems and will be adding more to my long position.

V8 car engine close-up

da-kuk/E+ via Getty Images

I've had a love-hate relationship with Westport Fuel Systems (NASDAQ:WPRT), going through a bearish phase due to the lower anticipated adaptation of their gas-powered engines and then after a 40% reduction in share price I

This article was written by

5.02K Followers
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.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of WPRT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Opinion, not investment advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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