A Critical Supplier For Electric Vehicles Is Being Mispriced By The Market

Investors are focussing on short-term risks and forgetting the bigger picture.

⚡ Highlights:

• This company’s products are critical for a number of growing industries including electric vehicles, 5G and potentially AI.

• Two external developments have sent the stock down to recent lows. But neither of those events are necessarily material.

• The current valuation doesn’t account for multiple secular trends, or the company’s positioning in silicon carbide substrates.

• Near-term cycles look volatile but the long-term outlook remains bright.