Active Power, Inc. (NASDAQ:ACPW)
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The Company designs, manufactures and markets power products that provide consistent, reliable and cost-effective ride through, or temporary, power for the majority of power disturbances, such as voltage sags and surges.
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Revenue is increasing, its CoolAir UPS system has been named the 2006 Product of the Year and the stock is trading at about half of what is was 9 months ago. I really like that the recently introduced CoolAir UPS is the only solution that provides both backup power and backup cooling. I'm in!
Been watching ACPW for several months. My entry point was .53 if the overall market was up and there was no unfavorable news on the company. Well.....good news about their 4th quarter appeared and .53 quickly became .64 (up 18 percent). In a few days it settled to .53. Seems to me this is a solid green company that will slowly generate decent profits. I'm impressed that they have been around a while. Their customers aren't shabby either. I'm in for the long haul but I conservatively expect at least 50 percent increase in price during 2009.