Costco... great distribution channel. I rarely say something like this but I seriously believe this stock is going to end up a multi-bagger from here. Have to keep a close eye on the company's fundamentals, but it has all the right ingredients to be a booming enterprise.
I get a feed from Fidelity on Active Trader. Story time stamp is 8:30 AM EDT. Don't think Yahoo allows links here. Marketwire is the news source. Here are the first few lines:
SAN FRANCISCO, CA and SHENZHEN, CHINA -- (Marketwired) -- 06/18/14 -- Highpower International, Inc.(HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced that the Company has delivered two containers of its Ni-MH rechargeable batteries to Costco as an initial trial order that will be used as power sources for general solar light products.
What are you talking about? Solar panel lighting? These are rechargeable batteries used for solar lights. You know, charge during the day, glow during the night. Nice to see Costco will be selling them.