by Harris Roen, Editor
Roen Financial Report
Friday, January 16, 2015
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|
Remember to always consult with your investment professional before making important financial decisions.