Order Growth Starting To Support The MTS Systems Story
Stephen Simpson, CFA • Yesterday, 7:53 PM
- Fiscal 2014 hasn't been the strongest year for MTS Systems, but order acceleration is encouraging for the coming year.
- MTS Systems is leveraged to increased R&D spending from Chinese automakers as these companies start to develop designs for the international export market.
- MTS Systems shares look undervalued below $76, with upside if the company can achieve management's ambitious revenue growth goals.