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Methode Electronics, Inc. (MEI): A Bull Case Theory

We came across a bullish thesis on Methode Electronics, Inc. (MEI) on Substack by DeepValue Capital. In this article, we will summarize the bulls’ thesis on MEI. Methode Electronics, Inc. (MEI)'s share was trading at $6.51 as of March 28th. MEI’s trailing and forward P/E were 14.57 and 6.93 respectively according to Yahoo Finance.

[caption id="attachment_515905" align="aligncenter" width="750"] Copyright: dolgachov / 123RF Stock Photo[/caption]

Methode Electronics (MEI) is an industrial and automotive components manufacturer with a diversified business model. In fiscal 2024,...