Top Buy and Sell Ideas Based on Wednesday’s Biggest Gainers
Jul. 28, 2011 06:36AM PST
Tantalum InvestingSeeking Alpha reports that investors should buy KEMET (NYSE:KEM) after the company posted gains yesterday.
Seeking Alpha reports that investors should buy KEMET (NYSE:KEM) after the company posted gains yesterday.
The market news is quoted as saying,
KEM manufactures tantalum, ceramic, film, electrolytic, paper and aluminum capacitors for electronics OEMs and distributors. Its shares were up 9.1% on Wednesday, and they are down 13.2% YTD. KEM shares rose on the back of a blockbuster June quarter issued Wednesday before the market-open, in which the company obliterated analyst earnings estimates, reporting $0.71 versus the $0.54 estimate.