This $5 Stock Is Turning Itself Around
A new venture in clean energy gives this company a chance to triple
Once teetering on the brink of bankruptcy amid a staggering 97% stock price decline, Babcock & Wilcox narrowly evaded collapse.
Despite its challenging past, the company has stabilized its legacy business and is progressively focusing on clean energy opportunities.
Under new management, the business shows promising signs of growth, with a significant increase in Adjusted EBITDA and bookings.
If executed effectively, its innovative BrightLoop system could lead to significant revenue and profit gains leading the stock higher.