Saturday, April 18, 2015 10:33:42 AM
Didn't copy very well, here's the link
http://www.fool.com/investing/general/2015/04/18/3-stocks-we-love-that-wall-street-hates.aspx
Wall Street doesn't get things right all the time. Heck, it's actually pretty lousy at making any sort of prediction. Yet so many investors follow the advice of these experts, when the best idea might actually be to go in the opposite direction.
So we asked a few of our analysts to highlight a stock they each thought was getting some undeserved hatred from Wall Street recently, and why they think those experts are wrong. Here is what they had to say:
Jason Hall: Needless to say, Clean Energy Fuels (NASDAQ:CLNE) is definitely one hated stock.
CLNE DATA BY YCHARTS.
While a lot of short-seller-pushed misinformation hurt the stock in late 2013 and early 2014, the collapse of oil has been the biggest culprit since last summer, sending gasoline and diesel prices plummeting:
US RETAIL GAS PRICE DATA BY YCHARTS.
This has hurt the stock, because Clean Energy Fuels' business is building stations and selling natural gas for transportation applications, meaning gas and diesel are its "competition."
However, Mr. Market has ignored this:
HENRY HUB NATURAL GAS SPOT PRICE DATA BY YCHARTS.
Natural gas has fallen even further than oil-based fuels. There are other costs that factor into the pump price, but natural gas has retained its price advantage, and Clean Energy's refueling business has continued to grow. The company has increased gallons delivered around 20% per year for the past five years, and actually saw fuel sales accelerate last quarter, even as oil was plummeting.
Since the company has been cash flow negative for the past several years after spending big on expansion, I've kept a conservative approach. But we could see it cash flow positive by the end of the year, a huge step forward. You'd be well served to think about buying shares before Mr. Market falls back in love.
Recent CLNE News
- Clean Energy Appoints Patrick J. Ford to Board of Directors • Business Wire • 03/28/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:53:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:51:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:50:25 PM
- Clean Energy Reports Revenue of $106.9 Million and 57.0 Million RNG Gallons Sold for the Fourth Quarter of 2023 • Business Wire • 02/27/2024 09:05:00 PM
- Clean Energy Turns DFW Area into a Renewable Natural Gas Hub • Business Wire • 02/26/2024 11:30:00 AM
- Clean Energy’s Renewable Natural Gas Facility at Marshall Ridge Dairy in Iowa Begins Production • Business Wire • 02/14/2024 11:30:00 AM
- Clean Energy’s Renewable Natural Gas Digester at Tri-Cross Dairy Begins Production • Business Wire • 02/08/2024 11:30:00 AM
- Clean Energy to Report Fourth Quarter 2023 Financial Results on February 27; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 01/29/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 09:56:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:47:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:41:21 PM
- Clean Energy Begins Producing Renewable Natural Gas at Latest Project • Business Wire • 01/11/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 11:35:17 AM
- Clean Energy Announces Up to $400 Million in Financing with Stonepeak to Continue Expansion of Renewable Natural Gas Infrastructure • Business Wire • 12/13/2023 11:30:00 AM
- Clean Energy Opens Renewable Natural Gas Fueling Station in Baltimore • Business Wire • 11/21/2023 11:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:16:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 09:10:30 PM
- Clean Energy Reports Revenue of $95.6 Million and 56.7 Million RNG Gallons Sold for the Third Quarter of 2023 • Business Wire • 11/09/2023 09:05:00 PM
- Clean Energy’s First Renewable Natural Gas Facility Begins to Sell Environmental Credits • Business Wire • 10/31/2023 10:30:00 AM
- Food Express Welcomes Truck Equipped with the New Cummins 15-Liter Natural Gas Engine into Fleet • Business Wire • 10/17/2023 10:30:00 AM
- Clean Energy to Report Third Quarter 2023 Financial Results on November 9; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 10/16/2023 12:30:00 PM
- Clean Energy Shares Up 8.2% on Raymond James's Second Upgrade in Six Months • Dow Jones News • 10/03/2023 04:31:00 PM
- Knight Transportation, Cummins, and Clean Energy Demonstrate Potential of Ultra-Low Carbon Fuel Through Cummins X15N Natural Gas Powertrains in California • Business Wire • 09/28/2023 06:02:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/21/2023 08:06:41 PM
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