Blog > Editor's Pic > Converted Organics Inc. (COIN) in the green again
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Converted Organics Inc. (COIN) in the green again

Today's Financial News - Posted May 4, 2009

coin chartConverted Organics Inc. just finished getting itself out of debt — no small feat in this market — and it’s ready to take off.

by Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): Here’s a real green stock for you…

Converted Organics Inc. (NASDAQ:COIN) produces all-natural fertilizer through waste recycling. Their focus is to feed the soil instead of just the plants.

Eco-friendly AND cost-effective

Converted Organics Inc.
7A Commercial Wharf West
Boston, MA 02110
United States
Phone: 617-624-0111
http://www.convertedorganics.com
  • Greenhouse gases are are slowed as the organic materials used to create the fertilizer is diverted from the landfills and incinerators that release carbon dioxide and methane.
  • Chemical fertilizers deplete the soil as they feed the plants, causing ever increasing amounts to be used. In turn, that causes the damaging run off to surface water. Since Converted Organic’s products enhance the soil itself, the impact is greatly limited.
  • The soil enrichment aspect also leads to better disease resistance. Trials with dozens of crops have resulted in a rough average net value increase of 11–16%. Another bonus of this — healthier crops require less pesticides.
  • Finally, the company’s products have a long shelf life as compared to other organic fertilizers.

Organic fertilizer is the future of agriculture and this company’s customer base is rapidly expanding.

More to the point, this stock is on the rise.

I recommend you buy shares of Converted Organics Inc. (NASDAQ:COIN) under $1.65 and hold on for gains of 20% in the next six months.


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Posted by Laura Cadden · Filed Under Editor's Pic 

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