Array Technologies Has To Prove Its Growth - Hold For Now

Tuaev Levan profile picture
Tuaev Levan
106 Followers

Summary

  • A comparables analysis doesn't show anything to me, as there are few companies listed in the sector, providing no representative data.
  • Strong latest quarterly results are difficult to compare with last year's figures, as numbers were heavily affected by an acquisition.
  • The company has to prove growth prospects to level out risks common shareholders face.

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The increasing concern about reducing the dependency on fossil fuels and minimizing carbon footprint dictates the demand for renewable energy and its sources. Today I would like to analyze Array Technologies (NASDAQ:ARRY), the company that

This article was written by

Tuaev Levan profile picture
106 Followers
I am an asset manager in a Swiss Asset Management company with over 10 years of experience in the stock markets. I specialize in conservative portfolios for wealthy people, but this doesn't limit my interest in riskier securities ( small caps, startups...)  I do invest in equity and debt markets worldwide, and do a fundamental analysis of the company, more like for long-run investors. I use different techniques for valuation and provide you with short-term price targets for the stocks. I mostly calculate all by myself, using company statements. I am for quality shares at the right time), not paying an excess cost. My purpose here is to give you a frank and detailed analysis of the company's performance and avoid you paying too much for it. Another goal is to set up a community searching for underpriced shares. I prefer companies in the real sector, but I will also analyze tech stocks. Specifically, I analyze the automotive sector. Moreover, I would like to make some comparative analyses with different asset classes. All stocks suggested I include in my portfolio.I hold a bachelor in management and a master's degree in finance. Graduated in Switzerland. I do have an asset management license in some countries.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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