CosanMany of the most promising bargain alternative energy stocks of 2019 have broken the $10 barrier, forcing investors to look deeper for an upside in the market. While there are still picks available below $10, it sometimes makes sense to step outside of the comfort zone and invest in a pick that has momentum behind it.

Cosan Ltd. (NYSE: CZZ) is one option that alternative investors can consider for the new year. While it trades at just over $20 today, its target price gives it value beyond most of the bottom-end stocks. Cosan is a renewable energy company with a strong focus on biofuels.

Analysts are upbeat about this stock, due to the company’s impressive revenue performance. In its most recent fiscal quarter, Cosan reported revenue growth of 38% year over year. Earnings are tracking well in the year to date, at $1.83 per share. Positive revenue and earnings reflect the company’s effective fiscal management.

Cosan is one of the largest biofuel companies in the world, making it an excellent pick for investors who are focused on alternative energy. The average target price of $81.90 suggests a huge upside in the next 12 months, making today’s pricing compelling for even the most conservative bargain hunters.

Key Data:

  • 1 Year Price Growth: 30%
  • YTD Price Growth: 48%
  • 3 Month Price Growth: 10%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.