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Motley Fool reports that lithium-ion battery-makers like Polypore (NYSE:PPO) may just be the next big investment.
Motley Fool reports that lithium-ion battery-makers like Polypore (NYSE:PPO) may just be the next big investment.
The market news is quoted as saying,
With its regular lead-acid battery business serving as a base of support, Polypore is growing its lithium ion business along with membranes that also serve electrical, industrial, and medical device products. Last quarter, all of its business lines saw growth, and while lead-acid battery revenues were up 33%, lithium battery separators jumped almost 39%; at $42 million, they represent nearly half the business it gets from lead-acid separators.
