Kimball Electronics (KE) reaches a new two-year high on Sept. 8, trading above key moving averages. The stock has a 100% “Buy” Barchart opinion and has surged nearly 71% in the past year. Valued at $729 million, KE is a contract manufacturer of durable electronics for various markets. With a Weighted Alpha of +74.30 and a Trend Seeker “Buy” signal intact, KE shows strong technical momentum. Analysts are positive on Kimball, with 4 “Strong Buy” and 1 “Hold” ratings. The stock is monitored by 2,180 investors on Seeking Alpha, rating it a “Strong Buy.” Despite its profitability and presold orders, KE is volatile and speculative, requiring strict risk management.
Read more at Yahoo Finance: This ‘Strong Buy’ Stock Just Hit New 2-Year Highs
