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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (31166)6/22/2017 7:21:29 PM
From: Goose94Read Replies (3) of 203567
 
Westport Fuel Systems (WPRT-T) top pick from Bruce Campbell on BNN.ca Market Call Monday June 22th @ 1300ET

Following the 2016 merger of Fuel Systems and Westport Innovations, the management team has been focused on the sale of non-core assets and improving the balance sheet. Through their three divisions they are starting to see sales increase as customers look for cleaner and more carbon-efficient fuel solutions. Following the merger, they’ve been delivering multiple components for LNG, CNG and hydrogen vehicles. In addition, they have a profitable joint venture with Cummins that pays dividends to WPRT. Management is guiding investors that they will be EBITDA positive in 2018. As they move closer to this milestone, investors will become more interested. Last purchase was $3.10.
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