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A Great Year for Westport Innovations

http://www.fool.com/investing/general/2011/12/12/a-great-year-for-westport-innovations.aspx

Dan Caplinger
December 12, 2011

As 2011 comes to a close, it's a great time to look back at what happened to the stocks that interest you. By making sure you know the important things that a company accomplished -- as well as the setbacks it experienced -- you can make a better decision about whether it's a smart investment for your portfolio.

Today, let's take a look at Westport Innovations (Nasdaq: WPRT  ) . The company is in the forefront of alternative energy because of its natural-gas burning engines, which produce reduced emissions and herald the possible future of increased use of natural gas over diesel and gasoline engines. That has a lot of investors interested in the future of this innovative company.

Stats on Westport

Year-to-Date Stock Return 55.1%
Market Cap $1.42 billion
Revenue, Trailing 12 Months $207.7 million
1-Year Revenue Growth 44%
1-Year Profit Growth NM (loss of $60.5 million over past 12 months)
CAPS Rating (out of 5) *****

Source: S&P Capital IQ. NM = not meaningful.

What happened to Westport this year?
Westport is a small company, but it's made a lot of progress this year. The company has had a long-standing partnership with engine giant Cummins (NYSE: CMI  ) , and that relationship has borne fruit recently, with revenues for the joint venture rising almost 60% in the most recent quarter.

But Westport has seen some exciting new initiatives take root this year. Caterpillar (NYSE: CAT