We're adding a US power stock to our long term buy and hold strategy this week. It is a stock firmly entrenched in what I'd describe as the next generation of the US power landscape.
This company has not been trading for long but has already rewarded investors with a return of about 115% since it hit the market. It has cleaned up its capital structure and has presented investors with arguably its best year ever in terms of financials.
Reading between the lines, I think the company is prepping itself to move onto one of the main US bourses in the near future. In its last investor day, it said it was realigning its public company practices, and now has three analysts covering it.
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