Orion EnergyCommercial lighting is often overlooked by investors in the alternative energy market. While it’s natural to gravitate towards the innovative energy producers, there’s a lot of value to be gained by investing in the companies that make power-efficient products. Orion Energy Systems Inc. (NASDAQ: OESX) is a lighting manufacturer and installer that serves the commercial sector. It innovates with LED products that are designed to use less energy while providing superior lighting to legacy solutions.

Orion retrofits, and installs new-build lighting systems. The company helps to reduce industrial waste by developing LED lighting with a low 0.17% defect rate. LED lights also reduce the energy usage of large commercial buildings. This is a micro stock with a market cap of just $63.44 million. However, it’s a promising company and stock price has grown at a rapid rate throughout the last 12-months.

Analysts believe in this stock because the company provides a service that is in high demand. As there’s a push for clean and renewable energy sources, there’s also a shift towards energy efficient lighting and electrical products.

Orion is expected to report revenues close to $18.70 million for the previous quarter, an increase of 24.2% from this time last year. It’s important to note that Orion manufactures within the United States, protecting it from the trade volatility that is currently impacting the rest of the market.

Key Data:

  • 1 Year Price Growth: 83%
  • YTD Price Growth: 03%
  • 3 Month Price Growth: 82%

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.