BALTIMORE, March 2, 2015 /PRNewswire/ -- Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, announced today that it has released a new research update on ForceField Energy, Inc. (NASDAQ – FNRG), a publicly traded company whose products and solutions focus on sustainable energy solutions and improved energy efficiency. The update contains a rating and a price target. To view or download the update, please visit www.goldmanresearch.com.
ForceField is a distributor of LED and other lighting products for a number of premier LED lighting manufacturers; and through its award-winning subsidiaries, American Lighting and ESCO, have completed lighting installations and retrofits as well as energy efficiency upgrades, for numerous high profile concerns in a variety of industries.
In the Goldman Select Research update on the Company, analyst Rob Goldman outlines his investment thesis:
"ForceField Energy has recently achieved a new 52-week high on strong volume via the strength of very favorable news on the business development front and appears primed to continue this trend. A diversified green energy provider, FNRG's recently acquired subsidiaries enable the Company to serve as distributors, installers, and managers of large scale LED lighting projects for Fortune 500 companies. Since FNRG does not produce its own products, it can offer best of class solutions and not be subject to current and potential gross margin deterioration of a commoditized product like LED lights, that may plague other companies. Moreover, its "No Money Down" project financing approach has already garnered sizable deals and a hit list of over $100M worth of potential projects in its pipeline, via active bids. This innovative model typically fosters greater than industry standard top-line growth and valuation."
This press release contains excerpts of our most recently published non-sponsored research update on ForceField Energy, Inc.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
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About ForceField Energy, Inc.: ForceField Energy Inc. (NASDAQ - FNRG) and its subsidiaries comprise a global company whose products and solutions focus on sustainable energy solutions and improved energy efficiency. ForceField is a distributor of LED and other lighting products for a number of premier LED lighting manufacturers; and through its award-winning subsidiaries, American Lighting and ESCO, have completed lighting installations and retrofits as well as energy efficiency upgrades, for numerous high profile concerns in a variety of industries.
More information on FNRG can be found at www.ForceFieldEnergy.com.
Goldman Small Cap Research
Rob Goldman, Analyst
SOURCE Goldman Small Cap Research