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Eltek’s Improving Fundamentals Have Legs

September 22nd, 2020 · No Comments

  • Eltek operates in the high-end of the PCB market, mostly serving defense industries in the US and Israel.
  • The company has managed to produce decent growth and margin expansion the last couple of years, producing solid cash flows.
  • There are no immediate reasons to assume that these favorable developments can’t continue, and the shares aren’t expensive.

Source: Eltek’s Improving Fundamentals Have Legs (NASDAQ:ELTK) | Seeking Alpha

Tags: ELTK