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Park Electrochemical Is Doing Well

July 4th, 2018 · No Comments

  • The company is improving; its Q1 results were considerably above expectations with growth in both its segments.
  • While that is very nice, what matters more for investors and potential investors is what the company will get for the sale of its electronics business.
  • The price of that business should have gone up given the recovery in the electronics segment and the coming of a catalyst (infrastructure building for 5G).
  • The smaller aerospace business that remains has bright prospects and will receive an enormous cash injection on an already very healthy balance sheet.

Source: Park Electrochemical Is Doing Well – Park Electrochemical Corporation (NYSE:PKE) | Seeking Alpha

Tags: PKE