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EEI - 1.5 mln float undiscovered Clean Air / Environment stock
US Ecology and Environment Inc (EEI) is an environmental consulting and testing firm. With the Obama Administration making themselves champions of “energy saving†and “clean airâ€, EEI should be one of the big winners.
The stock recently moved from AMEX to the Nasdaq market and has a float of only 1.5 million shares:
EEI also pays a dividend and recently declared 20 cent dividend, a 5% increase, and the 14th increase in 22 years. They now have a yield of about 2.75% percent.
On the chart level, EEI is trading above 10/20/30/50/200 - Day moving averages and the RSI and Stochastics are just starting to rise. The stock is no way overbought and trading volume is starting to increase:
The Point & Figure chart is predicting a $24 target, and VectorVest has a $23 valuation target on it.
Once this stock is noticed, and due to its real earnings growth, EEI should reach mid $20's easily.
More info can be found on EEI website: http://www.ene.com/
The stock recently moved from AMEX to the Nasdaq market and has a float of only 1.5 million shares:
EEI also pays a dividend and recently declared 20 cent dividend, a 5% increase, and the 14th increase in 22 years. They now have a yield of about 2.75% percent.
On the chart level, EEI is trading above 10/20/30/50/200 - Day moving averages and the RSI and Stochastics are just starting to rise. The stock is no way overbought and trading volume is starting to increase:
The Point & Figure chart is predicting a $24 target, and VectorVest has a $23 valuation target on it.
Once this stock is noticed, and due to its real earnings growth, EEI should reach mid $20's easily.
More info can be found on EEI website: http://www.ene.com/
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