Micro-Cap Capstone Turbine (CPST) Sees Upside As Growth Intrigues Speculators
Posted by The Staff on Apr 20, 2012 1:44 PM
Capstone Turbine (Nasdaq: CPST) stock is up for the second day in a row after booking orders for 150 environmentally friendly microturbines in the last nine months and being highlighted for its efforts on CNBC.
The CEO of the micro cap company, Darren Jamison, was interview on CNBC's Fast Money Thursday evening. He was optimistic about the company’s prospects considering the fall in natural gas prices and the trend toward lower emission sources of energy.
"Business is great!" Jamison said. "We're growing 30% year over year. And we're doing that in an economy that's extremely tough."
All is not roses for the company though. In the company's latest quarter, they posted a loss of $0.03 versus the consensus of a $0.02 loss, while revenue for the quarter came in at $27.5 million versus the consensus estimate of $29.39 million.
Still, "micro-cap" and "growth" are a recipe attention from the momentum crowd.
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