cheap

lots of reasons

good trend

growth

takes waste out of landfills to make fuel

Not only are they involved in recycling animal (food) oils, there is also possibility for an alternative energy play.

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green power

With nearly 10% of available shares sold short, the stock can still run up on short covering in the near term. Bulls also hope that prices for processed fats and greases will continue to climb alongside those for vegetable oils, or at least for the gap between the two to close. The passage of a farm bill that provides biodiesel tax credits also should help, but after that the list of stock-goosing catalysts begins to thin.

Street analysts already are overwhelmingly bullish about Darling. After last week's pop, shares trading near 14 are straining their uniformly bullish consensus target. Today, shares fetch 21.1 times 2008 earnings, well above its historical norm and the 16.3 times average for the agricultural- products segment, and not far from the 22.9 times multiple commanded by agri-titans like Potash. Now that it's a darling to so many, the smarter move may be to pass.

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I actually like it, but the low volume and small cap of it makes me nervous and I'm wondering if I'm not looking at the numbers right.