Steve Martin
Ormat Technologies
ORA-N
WATCH
Nov 22, 2007
Would like to play the geothermal space through this company. They create the equipment and help with the site development for geothermal projects. They are in the right spot in the value chain. Fairly expensive right now but if the market continues to sell off it would be one he would put on his shopping list.
Geothermal is a very promising technology but is only practical in certain regions. This is a solid company. Is contemplating this one as the value has improved. Would prefer it in the low $20's.
A safer place in geothermal power. If you believe this sector is going to grow, this is probably the strongest company globally. Both manufacture and sell equipment used by facilities using hot water as well as operating facilities themselves. Would prefer it in the mid-$20's.