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The Motley Fool reports KEMET’s (NYSE:KEM) rose as much as 12.5% on fairly heavy trading.
The Motley Fool reports KEMET’s (NYSE:KEM) rose as much as 12.5% on fairly heavy trading.
The market news is quoted as saying,
That’s KEMET’s fourth earnings beat in a row, but the stock has hardly moved in response to these strong business results. Then again, rivals Vishay Intertechnology (NYSE:VSH ) and AVX (NYSE:AVX ) haven’t set the market on fire either in recent months, so I suppose it’s a sector effect. Since capacitors are made from precious materials like silver, tantalum, and palladium, some of which are increasing in price very quickly nowadays, it’s understandable that investors might be skeptical.