Stockchase Opinions

Peter Brieger Itron Inc. ITRI-Q PAST TOP PICK Jan 25, 2012

(Top Pick Jan 27/11, Down 33.54%) Started to loose faith in the cyclicals. Too many of their projects appeared long term.
$39.340

Stock price when the opinion was issued

electrical electronic
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BUY
Manufactures advanced meters for reducing power consumption. Billions of dollars of contracts.
COMMENT
A leader in smart meters technology for smart grid technology.
TOP PICK
Play on electric and natural gas utilities. Supplies smart meters that read flows. Also supplies software that makes it work and provides assistance for data collection and a software package to manipulate data to help cut costs. Main market is electric, natural gas and water utilities. 47% market penetration in N.A. but only 3% abroad. Europe has just passed legislation that will be great for them.
TOP PICK
Service utilities in about 130 countries. 2 major focuses. Power (electrical and natural gas utilities) and water. Plan top grow their water 30% by 2015. Produce smart meters as well as software programs to run the smart meters.
DON'T BUY
Sells smart meters and software packages to utilities, who in turn install them in customers homes. Sold his holdings and wouldn't go into it at this time.