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COMVERGE INC. (COMV) [hlAlert]

Rating:
Buy COMV
down 91.22 %

COMVERGE INC. (COMV) rated Buy with price target $30 by AmTech Research

Posted on: Friday,  Jan 25, 2008  10:25 AM ET by AmTech Research

AmTech Research rated Buy COMVERGE INC. (NASDAQ: COMV) on 01/25/2008, when the stock price was $19.82. Since
then, COMVERGE INC. has lost 91.22% as of 05/15/2012's recent price of $1.74.
If you would have followed this AmTech Research's recommendation on COMV, you would have lost 91.22% of your investment in 1572 days.

Comverge, Inc. is a clean energy company providing demand management solutions in the form of peaking and base load capacity to electric utilities, grid operators and associated electricity markets. The Company operates in three segments: the Utility Products & Services segment, the Residential Business segment and the Commercial & Industrial Business segment. The Utility Products & Services segment sells hardware, software and installation services to utilities that elect to own and operate demand management networks for their own benefit. The Residential Business segment sells electric capacity to utilities under long-term contracts, either through demand response or energy efficiency. The Residential Business segment also provides marketing services on an outsourced basis. The Commercial & Industrial Business segment provides demand response and energy management services to commercial and industrial customers.

Our focus is to generate profitable ideas through pure fundamental research. Our performance will be measured on the success of our recommendations at making money and saving money for our clients. Our objective is to be helpful during the investment process.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2008 10:25 AM Buy
None
19.82 30.00
as of 12/24/2008
1 Week up  8.97 %
1 Month up  5.10 %
3 Months up  97.07 %
1 YTD up  51.22 %

(*) Stock Price at the time of the recommendation.
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