Top 5 Rising Stocks For 2015

Top 5 Rising Stocks For 2015: Northwest Pipe Company (NWPX)

Northwest Pipe Company manufactures and markets large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, primarily related to drinking water systems. Its pipeline systems are also used for hydroelectric power systems, wastewater systems, and other applications. The company also manufactures smaller diameter, electric resistance welded steel pipes and other welded steel pipe products for use in a range of applications, including energy, construction, agriculture, industrial, and traffic signpost systems. In addition, it manufactures products for various structural piling applications and in-plant pipeline systems for power plants and other industrial applications. The company sells its water transmission products to public water agencies directly or through installation contractors; and tubular products to distributors and original equipment manufacturers through a network of direct sales force personnel and sales agents in the Unit ed States and Canada. Northwest Pipe Company was founded in 1966 and is based in Vancouver, Washington.

Advisors' Opinion:

• [By Aaron Levitt]

  Enter Northwest Pipe (NWPX).

  NWPX is the leading supplier of high-pressure steel pipe used in wastewater, hydroelectric power and potable drinking water applications. While Northwest's steel pipes are more expensive to install and use than similar concrete ones, water authorities in dryer climates prefer them as they have zero evaporation rises.

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