Friday, December 2, 2022

🎥 This Auto Tech Supplier Is in the Driver's Seat

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Manward Financial Digest
 

Stock of the Week: This Auto Tech Supplier Is in the Driver's Seat

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Editor's Note: We heard from some folks that they didn't receive last week's installment of Stock of the Week. Not to worry... it's posted right here on our website. Be sure to check it out.

Alpesh Patel

Alpesh Patel
Trading Champion

The semiconductor shortage drags on.

And demand remains intense.

So when a circuit maker pops up on my GVI radar, you know it's worth a look.

And that's what I have for you this week.

My Stock of the Week is a leading global manufacturer of sensor integrated circuits.

These circuits can be found in cars and data storage centers, and they're used in green energy solutions.

As you'd expect, business is booming.

[This Could Be the Perfect Electric Vehicle... Stock?]

Total net sales in the company's second quarter came in at a record $237 million, up 23% year over year.

And after hitting a bottom in October, the stock has headed straight up. I expect a 40% return in 2023, which is likely to be a tough year.

Get all the details on the stock - including the ticker - in my latest video.

Click here or on the image below to watch it.

Video - 40% Returns From This Critical Auto Tech Supplier
 
GET THE STOCK HERE

Happy hunting,

Alpesh

P.S. Which stocks are you interested in for 2023? Send them to mailbag@manwardpress.com and I'll review them in future videos.

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Alpesh Patel | Trading Champion

Alpesh Patel is an award-winning hedge fund and private equity fund manager, international bestselling author, and entrepreneur. He is the founder and CEO of Praefinium Partners, a Financial Times top FTSE 100 forecaster, and a senior Dealmaker in the U.K.'s Department for International Trade. As a recognized authority on fintech, online trading and venture capital, his past and current client list includes American Express, Merrill Lynch HSBC, Charles Schwab, Goldman Sachs, Barclays... and more.

 

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