Global Power Equipment Group Inc. (NYSE:GLPW)

CAPS Rating: 5 out of 5

Recs

7
Player Avatar TMFDeej (99.40) Submitted: 6/3/2010 4:31:34 PM : Outperform Start Price: $18.00 GLPW Score: +41.32

Global Power designs and manufacturers gas turbines for the power industry. It also provides maintenance services on nuclear power plants. The company should benefit from any legislation that promotes the use of "clean" power, such as a carbon tax, etc... because its operations focus on the natural gas and nuclear sectors of the power industry.Other catalysts include:- Global Power recently emerged from bankruptcy. - It is in the process of re-listing its stock on a major exchange.- The company recently brought in solid management, it's new CEO is David Keller the former President and COO of power industry heavyweight Babcock and Wilcox.- Increased power plant construction activity spurred by the improving credit markets or government activity aimed to promote the construction of new nuclear or natural gas power plants.Deej

Member Avatar btukwh (29.93) Submitted: 5/4/2011 3:00:26 PM
Recs: 0

Actually they don't design or manufature gas turbines. They do make equipment that is used in combined cycle power plants.

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