Published on 24 May 2024 on Zacks via Yahoo Finance
Here's Why You Should Retain Westport (WPRT) Stock for Now
Westport Fuel Systems Inc. WPRT is likely to benefit from its HPDI technology and Euro 6 and Euro 7 LPG programs amid headwinds from delayed production in China and strong competition.Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.
HPDI Technology, LPG Programs to Aid Results
Westport’s portfolio of eco-friendly product mix is set to boost prospects amid climate change concerns. Its HPDI fuel system offers an environment-friendly and robust performance for heavy-duty trucks, thereby benefiting the company from an increased transition to green transportation solutions.