A $5 'green' stock that's growing fast
OESX provides environmentally friendly solutions for its corporate clients.
My brilliant friend Todd Sullivan from ValuePlays.net spoke with the CEO of Orion Energy Systems, came away impressed with their solid CEO and joins me on today's video to discuss what we see as excellent prospects for this company and subsequently the stock -- OESX. (Click Read More to see the video.)
Orion has an incredible system in place in which they go into a company or government and save it huge amounts of money by cutting energy costs -- electricity bills -- and increase the quality of its lighting.
Most of the "green" ideas I see come with an Achilles heel whereby the end user suffers financially or must take some sort of pain in decreased quality or performance but Orion is able to eliminate these flaws, making it a huge win for all involved.
Todd likes its CEO and its system to come into a new client and offer a green package that will not cause big CapEx outlays in this tough economic climate and instantly begin saving the client money while also providing great performance. Orion already does business with 116 of the Fortune 400 and has pilot programs in place with governments in Pittsburgh, Wisconsin and California.
Since October, the stock has risen from $3 a share to over $5 today as the last worries of a second Great Depression have eased somewhat and the company may prove a good acquisition target as companies are starting to return to M&A activity.
Todd does the best original research I have ever seen and puts his money where his mouth is, and I have made quite a bit of money following him and hope you both learn and profit from his hard work as I have done, which you know if you watch my show or my results on Covestor Investment Management.
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