Stock Alert: ABB, ARCI
by Harris Roen, Editor
Roen Financial Report
Friday, January 16, 2015
Today’s Alert:
ABB (Ltd) (ABB)
Appliance Recycling Centers of America, Inc (ARCI)
Two pure play alternative energy companies in today’s stock alert that appear overvalued. One moves up and one moves down.
|
|
|
| ABB shoots up 3% on large volume, piggybacking on the surprise deregulation of Swiss franc. ABB remains in the low end of its trading range, between $20-$25/share. Still, We consider this smart grid company to be Overvalued. | Nasdaq |
|
|
|
| Appliance Recycling Centers of America is affected by drop in scrap metal prices. The stock has fallen 6% for the week, and is 34% below its annual high. We consider ARCI to be Overvalued. | The Wichita Eagle |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
Remember to always consult with your investment professional before making important financial decisions.
| AS SEEN IN: | |
 |
The Wall Street Journal</> |
 |
USA Today Green Living |
Get access to members-only areas of the website, including up-to-date stock reports, select portfolio picks and alternative energy mutual fund & ETF rankings.
