Professional
Added to YB: 2024-07-29
Pitch date: 2024-07-02
RELL [bullish]
Richardson Electronics, Ltd.
-4.41%
current return
Author Info
No bio for this author
Company Info
Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America.
Market Cap
$150.4M
Pitch Price
$11.48
Price Target
N/A
Dividend
2.31%
EV/EBITDA
15.86
P/E
849.01
EV/Sales
0.56
Sector
Electronic Equipment, Instruments and Components
Category
growth
Rewey Asset Management Portfolio Holding: Richardson Electronics, Ltd.
RELL +29.8% in Q1. Upside potential from bottoming semiconductor equipment cycle (1Q24 trough). Underappreciated growth in wind turbine battery replacement market with ultracapacitors. Long-term opportunity in diesel locomotive starting units. Mgmt sees 1Q24 as cycle bottom.
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