Stock Alert: PEGI, SCHN
by Harris Roen, Editor
Roen Financial Report
Friday, January 9, 2015
Today’s Alert:
Pattern Energy Group Inc (PEGI)
Schnitzer Steel Industries (SCHN)
Important gains for a wind company, but disappointing earnings in a recycling business cause a selloff.
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| Wind power company Pattern Energy Group gains on news of an analyst upgrade, despite recent insider selling by its Vice President. PEGI is up 21% from its lows in 2013, but remains down 11% for the year. | The Legacy |
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| Recycler Schnitzer Steel tumbles 3% on a disappointing earnings report, missing analyst estimates by 10% to 20%. The stock hits a all-time low, and is down 30% for the year. | CNBC |
IMPORTANT INFORMATION
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Remember to always consult with your investment professional before making important financial decisions.
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