- Hudson Technologies, Inc. (NASDAQ:HDSN) and Lennox International Inc. (NYSE:LII) have agreed to align their efforts to meet the CARB Regulation Order for Certified Reclaimed Refrigerant Use Requirements for Manufacturers of AC Equipment.
- As per the agreement, Hudson will be the exclusive supplier of certified reclaimed refrigerants to Lennox for the aftermarket support of their residential HVAC systems.
- “This partnership with Hudson will assist us in supporting the aftermarket refrigerant needs of our customers through the use of reclaimed refrigerant, a practice that aligns with our unwavering commitment to reducing environmental impact,” commented Eric Zito, Director, Sustainability and Product Lifecycle of Lennox.
- Price Action: HDSN shares are trading higher by 5.05% at $9.36 and LII higher by 2.41% at $245.31 on the last check Monday.
A Look Into Energy Sector Value Stocks
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
