Oct. 31: Nothing Scary Here but Profit Potential

Penny Stock To Watch:

UQM Technologies Inc. (UQM)

UQM Technologies, Inc. was upgraded by analysts at Needham & Company from a “hold” rating to a “Buy” rating. The analysts now have a $4.00 price target on the stock.

UQM Technologies, Inc. develops and manufactures electric motors, generators, and power electronic controllers.

UQM offers propulsion system products, generators, and related auxiliary components for electric vehicles, hybrid-electric vehicles, and plug-in hybrid electric vehicles. UQM also provides research, development, and application engineering services.

UQM markets its products in transportation sector, such as passenger vehicles and light trucks, commercial trucks and buses, military vehicles, and off-road vehicles comprising agricultural and construction equipment. It sells products directly, as well as through vehicle integrators, and through cooperative marketing arrangements with other vehicle component developers and manufacturers.

UQM Closed today at $2.07

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