Hey starting to look into WIRE. Seems like they increase revenues like crazy this past year due to the increase cost of cooper. They are buying back shares and have zero debt. Reading the last earning call, sounds like they are investing into product verticals to help with supply and margins. Demand seems really strong in different sectors and seems to be trading cheap since their earnings have gone up.
However, since it’s tied to the price of copper, seems like the growth is likely to slow, but I don’t really follow commodities and not sure what the future of copper looks like.
Looking to see anyone else had any insights. Thanks.
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