PLPC Stock Recent News

Preformed Line Products Company has seen its share price appreciate by 185% over the past year, with strong EPS growth and a low forward P/E ratio. PLPC specializes in providing goods for the industrial market, particularly in power conductors and fiber communication cables, which aligns with the growing infrastructure investments in the US. The company's acquisitions, such as Pilot Plastics, are expected to contribute to its revenue and earnings growth, especially in the expanding fiber network market.

Preformed Line Products Company has had a great run in recent months, with shares driven higher by robust financial improvements. This trend looks set to continue for the foreseeable future, though the stock isn't as cheap as it was.

Preformed Line Products is positioned to benefit from the trend towards 5G, EV charging infrastructure expansion, and solar energy adoption. The company is strong financially and supports its growth through innovation and strategic acquisitions of suppliers and partners.

I recently finished rereading Peter Lynch's One Up On Wall Street. When I came across Preformed Line Products, I realized that this is the kind of business that was being referred to in Lynch's book.

It's up for debate whether the overall stock market has hit a bottom, but many stocks have clearly become  oversold. That's the case for many unknown and little-known stocks.

Trailing pick performance, future stock market risks, and some housekeeping items are discussed. 4 new buy signals are explained.

The power grid in the U.S. and internationally is not sufficient to handle the expected electric vehicle growth over the next 5-10 years. A massive buildout is required that will benefit suppliers to the electric utilities power grids.