Energy Recovery - most profitable green stock with highest upsid

NordicGuy
ERII 03.11.2023 kl 14:44 146

Summary

- Energy Recovery (ERII) dominates the global industrial desalination industry, having a 90% global market share.

- ERII is now trying to copy its technology into a new global segment – industrial air-conditioning and refrigeration.

- Due to Kigali protocol, all greenhouse gas industrial air-conditioning and refrigeration systems need to be replaced with CO2 systems.

- Energy Recovery devices can save up to 40% of energy in the new CO2 devices. ERII has a 25-year track record and no major competition.

- Below is a summary of the Q3 call that goes into detail about the CO2 opportunity.

https://fitinvestmentideas.com/2023/11/03/energy-recovery-most-important-takeaways-from-the-q3-call/
NordicGuy
05.11.2023 kl 18:19 127

ERII last week was up by 20% last week. It is still 30% down in the last three months together with all green stocks - see the graph in the article.

To regain these levels ERII would go up by 50%

The stock has a very bullish outlook... due to regulatory change - all industrial greenhouse gas refrigeration and airconditioning need to be replaced. ERII has a global monopoly in one of the components

https://fitinvestmentideas.com/2023/11/03/energy-recovery-most-important-takeaways-from-the-q3-call/