Methode Electronics (MEI)
from US Investment Report
Chicago-based Methode Electronics (MEI) produces electronics components and subsystems at facilities around the world. Very strong quarterly earnings—of $0.68 instead of an expected 0.48—caused the stock to spike from 40 to 45 on March 5. MEI trades at moderate P/E and PEG ratios of 15.4 and 0.62.
Stephen Quickel, U.S. Investment Report www.usinvestmentreport.com, 215-862-0399, March 13, 2015