Does Ultralife Really Have Juice?Gary Weiss
A little company in the upstate New York town of Newark, Ultralife Batteries (ULBI), has carved out for itself an impressive niche in a prosaic business. Ultralife makes 9-volt lithium batteries, and its roster of clients is as notable as its recent share-price performance is not. Ultralife's stock has tumbled 49% so far this year--which means either that Ultralife is in trouble or that Wall Street is dead wrong. One veteran value-hunter, Morton Cohen of Cleveland's Clarion Capital, thinks Ultralife is on its way out of the doldrums.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- These Guys Want to Lend You Money Against Your Bitcoin
- Fed Raises Rates, Eyes Three 2018 Hikes as Yellen Era Nears End
- This Electric Truck Will Probably Beat Tesla’s to Market
- Bitcoin Points Way to ‘Massive Change’ for Commodity Businesses
- Famed Short-Seller Jim Chanos Says Tesla Headed for ‘Brick Wall’