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7 pts

Opinion on  Itron Inc. (ITRI)     Sector: Technology  >  Industry: Communications Equipment
Bullish on ITRI ...

Nov 13, 2008 12:21 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Itron (NASDAQ: ITRI) is the behemoth in the remote meter reading technology world, and they deliver about $2 billion in annual sales. Their problem? Glad you asked. They have the best technology for wireless, remote meter reading. However, their technology doesn't allow you to turn the meter off and on remotely.


ITRI:  This call was made on 11/13/08 @ $42.49
Rating:   Positive   $42.49 (11/13/08)
Gain/Loss:   +45.92% in 379 days
Allocation:   0.2% of portfolio


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Locationh   61%     1 point   commented 377 days ago reply

Itron, Inc. provides products and services for the energy and water industries. It produces electricity, gas, water, and heat meters; and various other associated metering products for residential, commercial and industrial (C&I), and transmission and distribution customers.

Considering the new housing market and forecast for comstruction I would say pass at this time.


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