We came across a bullish thesis on Bel Fuse Inc. (NASDAQ:BELFB) on Substack by Anshul Puri. In this article, we will summarize the bulls’ thesis on BELFB. Bel Fuse Inc.’s share was trading at $79.77 as of Jan 8th. BELFB’s trailing and forward P/E were 19.36 and 16.64 respectively according to Yahoo Finance.
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Bel Fuse is making a transformative acquisition with the purchase of Enercon Technologies, a defense company, at a 10.4x EV/EBITDA multiple....
