Stock Alert: ERII, ONNN
by Harris Roen, Editor
Roen Financial Report
Thursday, April 2, 2015
Today’s Alert:
Energy Recovery, Inc (ERII)
ON Semiconductor Corp (ONNN)
An environmental company gains on a business deal, while a smart grid stock drops on an analyst downgrade.
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| Power recovery and clean water company Energy Recovery, Inc. jumps 11% on news of a Saudi Arabian deal. This speculative stock is down 41% in the past three months, but has gained 46% since its lows of April 2012. | RTT News |
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| ON Semiconductor drops 5% on large volume following a downgrade to “sell” from Goldman Sachs. This volatile stock remains up 21% for the year, and is within 13% of its 10-year high reached in March. We consider the stock to be trading at Fair Value. | Wall Street Pit |
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Remember to always consult with your investment professional before making important financial decisions.
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