Hot Railroad Companies To Buy For 2015

Hot Railroad Companies To Buy For 2015: Westport Innovations Inc(WPRT)

Westport Innovations Inc., together with its subsidiaries, engages in the provision of low-emission engine and fuel system technologies that enable light, medium, heavy-duty, and high-horsepower petroleum-based fuel engines to use natural gas and alternative fuels. The company designs, produces, and sells alternative fuel engines, systems, and components for automotive and industrial markets. It also designs, engineers, and produces natural gas engines for the urban buses, refuse collection trucks, and conventional trucks and tractors, as well as for specialty vehicles. In addition, the company offers 15 litre natural gas engines for the heavy-duty trucking market, as well as is involved in the engineering, design, and marketing of natural gas-enabling technology for the heavy-duty diesel engine and truck market. Westport Innovations Inc. was founded in 1995 and is headquartered in Vancouver, Canada.

Advisors' Opinion:

• [By Dan Caplinger]

  But the big push for Cummins has been in natural-gas powered engines, where it has historically worked with Westport Innovations (NASDAQ: WPRT  ) and has also gone out on its own. That's been a huge growth area, as the Cummins Westport joint venture got a huge order in February for 900 nat-gas-fueled busses for the mass-transit entities serving Los Angeles and San Diego. Despite modest rises in natural gas prices, they still remain well below equivalent oil prices, and demand for nat-gas alternatives hasn't slackened.

• [By Daniel Miller]

  Cummins is developing its own natural gas engines, and in April it began shipping a large LNG engine that can make long-haul trucking a real possibility. Cummins also has a joint venture with Westport Innovations (NASDAQ: WPRT  ) which specializes in building natural gas engines. There's room for both in the market, and together they will set the bar very high for competito! rs looking to get a piece of the growing pie. If truck fleets begin to switch to LNG engines it will pay off handsomely for Cummins and its investors.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/hot-railroad-companies-to-buy-for-2015.html