About six months ago, I thought Maxwell Technologies (MXWL) looked pretty interesting, as Wall Street seemed to be incorporating pretty reasonable expectations
for a company that could become a high-growth story stock. I should
have followed my own advice, as although the stock drifted down through
mid-December, the shares have since rocketed up on rumors of a potential
partnership with electric car pioneer, Tesla Motors (TSLA).
Maxwell
still has a lot to prove, not only in terms of driving OEM acceptance
of its ultracapacitors, but also in terms of being able to generate
meaningful margins and cash flows as the business scales up. With the
stock up 50% from late September, it almost goes without saying that it
is not as cheap as it was and that the expectations that go into
supporting today's valuation are not as conservative.
Please continue here:
Is It Too Late To Jump Into Maxwell Technologies?
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