Company

Discover the Next Great Green Investment

Monday, June 22, 2009

"I'm trying to find companies that are either developing new technologies that facilitate more sustainable behaviour or playing an active role in deploying those solutions within an industry," says Ms. Elford, a CFA who worked in investment banking in Vancouver and New York before switching to research 13 years ago...

Carmanah Technologies, CMH-T a 13-year-old Victoria-based company develops self-contained solar LED and power systems for industrial and commercial applications - think marine beacons and runway lights. It's trading under a buck, but Ms. Elford is convinced it's got huge potential upside as its solar LED lights start to penetrate the outdoor general illumination market in the next five years... While WaterFurnace, Pure Technologies and Carmanah aren't immune from the current economic turmoil, they're certainly better positioned than most companies. "They are leaders in very specific niches, have an economic value proposition, and they're profitable and well-funded," says Ms. Elford, who has buy ratings on all three stocks...

To read the full article, click here.