Westport Innovations (WPRT) is a company that designs natural gas engines for small, medium, and large vehicles like 18-wheeler trucks. Clean Energy (CLNE) is building a nationwide filling station infrastructure for natural gas vehicles, and the completion of thousands of refueling stations is the main obstacle to mass adoption of natural gas cars and trucks. The system will eventually get built, though, because natural gas is cheaper than regular gasoline and diesel. Westport is also involved with Caterpillar in making natural gas engines for industrial equipment. The company's revenues are growing at a good pace, too.
The stock has found good support in the lower $20 range. WPRT jumped over $2 per share this past Friday. You will need to be patient because it is a volatile stock, but the company will succeed over time. I own shares of the company, and I believe it will be worthwhile to own as long as you make it a small portion of a well diversified portfolio where most of your holdings are dividend stocks.
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