From the desk of Steve Strazza @Sstrazza
When running through some scans this morning, we came across a stock that's been on our radar from the Under the Hood universe.
You can read our most recent report here. It was just published Monday.
This is a quick follow-up to discuss a hot stock from a leading industry group... And of course, it's presently offering us a skewed risk/reward. At the end of the day, that's all we're really looking for!
On the surface, this company is just an old LED light and radio-frequency device maker...
But, that's not the whole story.
They actually manufacture and sell some of the most important inputs and materials for a variety of burgeoning growth industries.
While a seemingly favorable fundamental story is always nice to have as a potential catalyst, it is never enough. For us, it's all about price.
Speaking of which, let's dive in and see what the charts are telling us.
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