When the numbers spark confusion, it might be time to step away from a stock as an investment candidate. Then again, sometimes, you find a treasure hidden in the murkiness. Richardson Electronics (RELL) is in the business of sparks. And it's presenting an opportunity for investors to decide exactly what is being sparked - confusion or confidence.
Richardson Electronics operates in two segments - Electron Device Group ("EDG") and its Visual Technical Solutions division, Canvys. EDG manufactures and provides electronic components such as electron tubes, capacitors and microwave generators that are used to control, switch or amplify power signals. Canvys focuses on display solutions. Both segments distribute products from reputable suppliers such as 3M (MMM), General...
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