Itron (NASDAQ: ITRI) is the behemoth in the remote meter reading technology world, and they deliver about $2 billion in annual sales. Their problem? Glad you asked. They have the best technology for wireless, remote meter reading. However, their technology doesn't allow you to turn the meter off and on remotely.
Itron, Inc. provides products and services for the energy and water industries. It produces electricity, gas, water, and heat meters; and various other associated metering products for residential, commercial and industrial (C&I), and transmission and distribution customers.
Considering the new housing market and forecast for comstruction I would say pass at this time.
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$42.49 (11/13/08)
