Exide Technologies (NASDAQ:XIDE)
The Company is in the business of stored electrical energy solutions and manufactures lead acid batteries, which are used in transportation, motive power, network power, and military applications.
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cheap
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big growth area with low PE and dramatically oversold
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EXIDE business is where the growth is located in next 5 years:
http://static.seekingalpha.com/uploads/2012/2/5/saupload_2.3.12_20Lux.jpg
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With the auto industry starting to come back, EXIDE will go up. Electric cars are not taking off as thought, and this company would be a very good 1-3 month investment
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They have a nearly developed start/stop technology that may revolutionize the battery industry
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Seems to have turned around and made a bottom - solid battery business and 5 star caps on Fool.
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mobility and portability is the future and these guys are at the forefront.
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I think we'll see a steady rise in share prices over the next year. Emerging out of tech birth, I think.
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In @ 5.41 yesterday
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Big-time over-reaction to earnings miss.
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ratings were high .
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It's that THING again..
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Currently half the value of it's 2 week high. The company has capacity to manufacture up to 1.5 million batteries per year. Both lead acid batteries and lithium ion batteries. Exide has manufactured battery back up systems for Private Branch Exchanges for decades and as interest continues to grow for renewable energy I expect Exide to be strategicaly involved
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major player in battery market, will run up with new electric car production
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Solid future demand. Price has dropped a bit. I'd like to get it lower than $5.63. Any kind of decent market rebound could send this up a few bucks quickly.
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Check after a week. Prob very short term. Watch the fall.
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low relative PE, good star & 2010 earnings. Bottom fishing week of 2/8
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Going to get with the times. I like that, though it might take a spell.
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BYDDY, ENS, XIDE all part of (car) battery basket.
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just received gov grant for joint venture with Axion power
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