CECO Environmental Corp. (NASDAQ:CECE)

CAPS Rating: 5 out of 5

The Company provides innovative solutions to industrial ventilation and air quality problems through dust, mist and fume control systems and particle and chemical technologies to industrial and commercial customers in the United States.

Recs

4
Player Avatar TMFPencils (99.80) Submitted: 11/4/2013 3:42:03 PM : Outperform Start Price: $17.73 CECE Score: -30.61

Following David G on this one. This looks like a "boring" business that manages to fly under the market's radar. Increasing earnings and cash flow production (along with relatively steady margins) are great to see. The company recently completed paying off all long-term debt, which now sits at 0. The stock might be at a bit of a premium now, so this is not a real life pick by any means, but this strikes me as a good business to follow. I can't imagine that air pollution control technology/products will see anything but increased demand over the long-term, and CECO seems to have an experienced management team and a history in the field. I give this one a thumbs up for the long run.

Member Avatar pjgz (29.10) Submitted: 12/26/2013 1:57:40 PM
Recs: 1

see bzybug7's comment after you posted. back out the acquisition charges are it becomes clear that CECE is not at a premium to the market. Waiting on larger orders from China, that will drive earnings growth for years when it finally hits.

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