The combination of overheated expectations and market weakness in Europe
and Asia has done a real number on energy technology names ranging from
wind power to solar to batteries. With declining revenue momentum in
ultracapacitors, lower overall revenue guidance and worries about both
emerging competition and sluggish end markets,
Maxwell Technologies (Nasdaq:
MXWL)
has been no exception - dropping almost 50% over the last year.
I'm
starting to wonder, though, if this isn't a good time to start
reconsidering this name. I think investors have been forced towards much
more rational market and revenue expectations, and if anything the
market may now be undervaluing the company's long-term potential. While
this remains a high-risk name with much to prove, sometimes emerging
tech stories work better after a lot of the wide-eyed optimism has been
washed out of the stock.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/2012/Washed-Out-Expectations-May-Help-Maxwell-From-Here-MXWL-AMSC-TM-F0905.aspx
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