Stock Alert: CWCO, KNDI
by Harris Roen, Editor
Roen Financial Report
Tuesday, March 17, 2015
Today’s Alert:
Consolidated Water Co Ltd (CWCO)
Kandi Technologies Corp (KNDI)
Two speculative stocks have big moves on just-released year-end earnings reports.
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Consolidated Water Company falls 10% on a mixed earnings report. Revenues are up 5% for 2014, but net income tumbles 26% compared to 2013. CWCO is now down 19% for the year. We consider the stock to be Overvalued. | MarketWatch |
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Electric car company Kandi Technologies jumps 10% on news of improved earnings for 2014. Revenues are 80% higher than 2013, and EPS turns positive. This speculative stock is still down 32% for the year, but has gained a remarkable 740% since 2011. | Press release |
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