Comverge, Inc. (NASDAQ:COMV)

Good reports, way more upside than downside

Have been watching this stock die for the past five years. Believe it's still on the downward trend. Finally sold all of my stock. My biggest loser to date.

Another company promoting energy efficiency, great growth potential, currently way under-valued.

Could rock from these levels.

low price growth

Play on the energy efficiency trends. Small company with a working product to improve energy grid efficiency. They have quiet large client network and good product line. They should benefit from the stimulus program for the smart electrical grids over next couple of years. They are small enough to benefit hugely if successful at new contract bidding.

On September 15, 2009 at 11:00 PM, ipfmanager (99.37) wrote:

COMV- Comverge. Ever wanted to sell energy back to your electric company? Stick with COMV! This the only consumer based smart grid idea that I could see working since no matter what type of alt energy becomes popular- you will need COMV. Better yet, they even have a technology that actually works at this moment in time unlike most smart grid companies. Although COMV needs to become profitable for you to have equity in 5 years, it is a new company with ridiculous potential. And they are coming closer to profit....I could see their products becoming a standard in many hippe (CA) areas
Reuters:

Comverge, Inc. is a clean energy company providing demand management solutions in the form of peaking and base load capacity to electric utilities, grid operators and associated electricity markets. The Company operates in three segments: the Utility Products & Services segment, the Residential Business segment and the Commercial & Industrial Business segment. The Utility Products & Services segment sells hardware, software and installation services to utilities that elect to own and operate demand management networks for their own benefit. The Residential Business segment sells electric capacity to utilities under long-term contracts, either through demand response or energy efficiency. The Residential Business segment also provides marketing services on an outsourced basis. The Commercial & Industrial Business segment provides demand response and energy management services to commercial and industrial customers.

winslow has a proven record with his mutual funds.

Tm Healy, ENERNOC Chairman's Annual shareholder letter makes interesting reading. It gives a very good idea where the demand response industry is headed in the next decade.
"The easiest way to describe the smart grid is to compare the smart grid to the internet. The internet can be described as having two layers: an infrastructure layer and an application layer. The infrastructure layer consists of routers, switches, servers etc. The application layer overrides the infrastructure to unlock the value of the internet for its users. ( think Amazon, eBay, Salesforce.com )
Similarly the smart grid will have the infrastructure layer and the application layer, comprising a range of technologies, including advanced transmission and distribution hardware, advanced metering infrastructure, and perhaps altogether new networks and protocols. The infrastructure itself, however, will not be inherently intelligent - it only has the potential to be. The grid will become "smart" when the technological capabilities of the infrastructure and the data it generates are leveraged to create new applications that increase energy productivity.
Just as the internet infrastructure improved to allow for more robust data and content delivery, new application providers emerged, but the early leaders that invested in their application grew their oganizations to become some of the economy's largest and most respected household names. We believe that smart grid is poised to experience the same cycle of innovation "

General Electric having a stake in Comverge and insiders buying, this is a 10 bagger or more.

smart grid. looks good

obama has clearly stated his infrastructure build out plan and an improved energy grid is a large part of that. comverge, though a small company, has a product that enables different devices to communicate and make the grid run more smoothly.

Struggling.

Way oversold. Leading company in emerging industry which is largely meeting targets though profits as yet elusive. Questions about the quality of the management team, but at this price its worth the gamble.

At this price It is a good time to step in. Just a gut feeling. No numerical research behind this.

Target 10.50

Metering and better transmission capability is a topic that is not fully addressed. ajm101 and I were having a discussion about site or proximity located fuel cell / turbine generators, which is a great idea and will address part of the problem. There will always be large power plants though, whether nat gas, coal or renewable (prefereably all renewable in the future) and the transmission losses are key here. There is transmission efficiency, metering and power direction as ways to make the current system, and Comverge is a great play on the metering and direction aspect.

From the comverge website: http://www.comverge.com
Comverge, Inc. is a leading Demand Response and advanced metering company dedicated to providing best-in-class technology and services to the electric utility industry. With over 4.5 million devices installed and over 500 U.S. utility clients, Comverge technology is widespread across the nation – from small towns to big cities.

Comverge offers a spectrum of Demand Response, advanced metering, and grid management solutions – all designed to assist utilities and end consumers in utilizing energy "smarter" and more efficiently.

Comverge is a leading Clean Energy company that provides innovative solutions to peak challenges through Demand Response. With over 500 U.S. utility clients and 4.5 million devices installed, Comverge “smart megawatts” technology is widespread and in use across the nation. Our "pay-for-performance" programs provide capacity that can reduce emissions, eliminate line losses, increase reliability, and defer generation and transmission acquisition.

new technology is intriguing, long term growth should be out of this world.

cramer pick

Cramer election pick. COMV will work no matter who wins the election.