Preformed Line Products (NASDAQ:PLPC), based in Mayfield Village (Cleveland), Ohio, with global operations manufacturing "high quality cable anchoring and control hardware and systems, fiber optic and copper splice closures, and high-speed cross-connect devices" for the telecommunications, broadband and cable television, power utility and other markets, is a growth company with a stock with deep value characteristics. Many value stocks are misunderstood, but this seemingly simple company is just unknown. Not only is there no Wall Street coverage despite years of consistent success and a market cap of $285mm, but management, while quite capable and particularly well-aligned economically with outside shareholders, doesn't seem to care about the stock: No conference calls and no investor presentations. While there is no...
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