Pacific Insight Electronics (PIH.TO)

In the auto components business, and manufactures LED lighting systems and some different components of gauges, as well as some wire harnessing. One of their big customers is Ford (F-N). Stock has been growing fantastically on an earnings basis, and is super cheap, trading at about 8X earnings, and have been growing their earnings by about 25% per year. CEO is talking about some expansion into new areas such as electric vehicles.

Components for the auto industry, focused on LED lighting systems, gauges and components. They saw a ramp up in their earnings. They are going to cross over the 100 million market cap and show up on a lot of investment companies’ radar screens.

They’ve done a tremendous job in delivering, especially since the beginning of the year. Has been able to integrate into the different automobile manufacturers and provides a product that runs better than most of the competition. Not only has there been an increase in new US vehicles, but also the content they provide per vehicle has skyrocketed. It could also be a potential take out candidate. Expects continued ongoing good deliveries, seeing how the industry is shaping up.