While way off the radar of many investors, this company has big upside possibilities. Charah Solutions Inc. (NASDAQ: CHRA) provides environmental and maintenance services to the power generation industry in the United States. The company operates in two segments.
The Environmental Solutions segment offers remediation and compliance services, including development, construction and management of landfills for coal-fired power generation facilities, and new and existing ash ponds. It offers active pond management services, such as clean closure, cap-in-place and design and construction of new ponds.
The Maintenance and Technical Services segment provides fossil services, including coal ash management, silo management, on-site ash transportation, landfill management and capture and disposal of ash byproducts, as well as staffing solutions for coal-fired power generation facilities. it manages combustion byproducts comprising bottom ash, as well as disposal of flue gas desulfurization gypsum, fixated scrubber sludge and fluidized bed combustion fly ash.
Stifel’s Buy rating comes with an $8 price target. The consensus target is a much lower $4.75. The stock was trading below $6 a share late last week.
The top master limited partnership (MLP) is a very safe way for investors looking for energy exposure and income. Energy Transfer L.P. (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all the major domestic production basins.
This publicly traded limited partnership has core operations that include complimentary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGLs) and refined product transportation and terminaling assets; NGL fractionation; and various acquisition and marketing assets.
Through its ownership of Energy Transfer Operating, formerly known as Energy Transfer Partners, the company also owns Lake Charles LNG, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco, and the general partner interests and 39.7 million common units of USA Compression Partners.
Investors receive a 6.89% distribution. Mizuho recently upgraded the stock to Buy with a $12 price target. The posted consensus target is $11.33, and Energy Transfer stock hit a year-to-date high near $9 late last week.
This is another solid play for more aggressive income investors. GasLog Partners L.P. (NYSE: GLOP) owns, operates and acquires liquefied natural gas (LNG) carriers under multiyear charters. As of March 2, 2021, it operated a fleet of 15 LNG carriers with an average carrying capacity of approximately 158,000 cubic meters.
GasLog Partners is a publicly traded MLP but has elected to be treated as a C corporation for U.S. income tax purposes, and therefore its investors receive an Internal Revenue Service Form 1099 with respect to any distributions declared and received.
Shareholders receive a nice 5.29% dividend. Jefferies recently raised the stock to Buy from Neutral and has a $4 price target. The consensus target was last seen at $3.80, and the stock traded shy of $3 per share late last week.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, these are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.