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Does Westport Innovations Finally Get It?

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  • Westport Innovations has a history of large losses and heavy spending on research and development.
  • The company changed directions towards the end of 2014 with a stronger focus on financial discipline.
  • The stock is investable for the first time in years though still extremely risky.
It has been almost a year now since our last full coverage on Westport Innovations (NASDAQ:WPRT) warned investors that the stock wasn't investable until it had turned around the financials. The unquestioned leader in natural gas engines hadn't figured out how to turn a technological advantage in the growing sector into a profitable business. At the time, the stock was down to roughly $15 from a previous high of $50, but investors were in for further turmoil.

Read the full article on Seeking Alpha.


Disclosure: No positions mentioned. Please review the disclaimer page for more details. 




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