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 Rentech
Stats on Rentech
|Year-to-Date Stock Return||29.5%|
|Market Cap||$352.9 million|
|Revenue, Trailing 12 Months||$175.2 million|
|1-Year Revenue Growth||42.9%|
|1-Year Profit Growth||NM (loss of $14.2 million over past 12 months)|
Source: S&P Capital IQ. NM = not meaningful.
What happened with Rentech this year?
Rentech is on the ground floor of what could become the next big energy trend: alternative biofuels. Companies including Rentech, Solazyme
But in reality, Rentech makes much more of its money from nitrogen-based fertilizer. With crop prices at high levels, fertilizer companies like Terra Nitrogen
That may be why Rentech decided to do a partial spinoff of its nitrogen fertilizer business. Rentech still owns 60% of Rentech Nitrogen Partners
Of course, other alternative-energy plays have started out looking promising but eventually fizzled out. Rentech's big threat is that it may not be able to find cost-effective inputs for its manufacturing process. But if it can beat that challenge, the stock may continue its strong performance into the future.
High oil prices are making stocks like Rentech look more attractive. Learn more about three more stocks that will prosper from $100 oil in the Motley Fool's latest special free report on energy. It's yours free, but only for a limited time, so take a look today.
Click here to add Rentech to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.
Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.