Savvy Trades and Investments

[cliffvb]

KEM Figured it was time to take another look at this one as earnings will be out soon. A number of us took a position in this one after the big drop after last quarter earnings came out.

There's an interesting article in SA that came out about two weeks ago. I'm not sure if it is still available for view, I decided to take a paid subscription there as they have enough good in-depth articles to make it worthwhile to me.

The article pointed out that this company should continue to grow as its products are used in IOT, new car safety features like adaptive cruise control and auto sensors. Their products will also be used more in 5G. and those stocks have had a great run this year.

KEM is way below last summer's highs of near $30. With an estimated PE of only about 5 for the year ending 3/19 (coming report) this one looks cheap to me at $18 and change. I'm holding and tempted to add here.

https://seekingalpha.com/article/4255703-kemet-corporation-cheap-ignore