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#CLNE "Roundtable: 1 Stock to Buy in April"

Jason Hall: Clean Energy Fuels is one of the most misunderstood companies out there. Mr. Market has punished the stock, as truckers have been slow to adopt natural gas due to a lack of engine availability. Toss in two analyst downgrades, one short attack, and a handful of inaccurate articles written by anonymous sources, and the stock is down 65% since March 2012.

Despite the slower-than-expected adoption of natural gas by truckers, the company has grown revenue more than 20% since 2011, and is in the driver's seat with more than 500 CNG and LNG refueling stations. While it's easy to think that this is a tiny number -- after all, there are more than 100,000 gas stations in the U.S. -- the market Clean Energy is targeting is different.

There are only around 6,000 diesel depots that refuel the big trucks, and these are almost 100% owned and operated by independent companies, and not "big oil." Better yet? Clean Energy is partnered with the largest, Pilot/Flying J, which is about twice the size of numbers two and three, TravelCenters of America and Love's.

Here's the best part: The Cummins Westport ISX12 G heavy duty natural gas engine will ship around 10,000 units in 2014. With an average consumption of almost 20,000 gallons annually, that's 200 million gallons of new demand. Clean Energy's total fuel deliveries in 2013? 214 million gallons. That's a massive growth opportunity on the horizon.



The article Roundtable: 1 Stock to Buy in April originally appeared on Fool.com.

Source:
http://www.barchart.com/headlines/story/172182/roundtable-1-stock-to-buy-in-april