Stock Buzzer: Is Buying KEMET Corporation Here a Winning Strategy?

Stock Buzzer: Is Buying KEMET Corporation Here a Winning Strategy?

The stock of KEMET Corporation (NYSE:KEM) is a huge mover today! About 367,834 shares traded hands or 319.57% up from the average. KEMET Corporation (NYSE:KEM) has risen 93.88% since April 8, 2016 and is uptrending. It has outperformed by 88.23% the S&P500.
The move comes after 9 months positive chart setup for the $191.99M company. It was reported on Nov, 10 by Barchart.com. We have $6.80 PT which if reached, will make NYSE:KEM worth $130.55M more.

According to Zacks Investment Research, “KEMET Corporation and its subsidiaries is the world’s largest manufacturer of solid tantalum capacitors and and one of the world’s largest manufacturer of multilayer ceramic capacitors. According to industry sources, tantalum and ceramic capacitors are the two fastest growing sectors of the United States capacitor industry. Capacitors are electronic components that store, filter and regulate electrical energy and current flow and are one of the essential passive components used on circuit boards.”

Insitutional Activity: The institutional sentiment increased to 1.09 in Q2 2016. Its up 0.48, from 0.61 in 2016Q1. The ratio is positive, as 8 funds sold all KEMET Corporation shares owned while 15 reduced positions. 9 funds bought stakes while 16 increased positions. They now own 22.22 million shares or 2.41% less from 22.77 million shares in 2016Q1.
Brandywine Glob Inv Mngmt Limited Com reported 20,400 shares or 0% of all its holdings. Goldman Sachs Group holds 0% of its portfolio in KEMET Corporation (NYSE:KEM) for 67,641 shares. Jacobs Levy Equity Management Incorporated holds 124,251 shares or 0.01% of its portfolio. Dimensional Fund Advsr Lp has invested 0% of its portfolio in KEMET Corporation (NYSE:KEM). Raymond James And Associates has invested 0% of its portfolio in KEMET Corporation (NYSE:KEM). Blackrock Institutional Tru Na holds 0% or 1.24 million shares in its portfolio. Parallax Volatility Advisers Ltd Partnership holds 0% or 559,344 shares in its portfolio. Moreover, Tocqueville Asset Mgmt Limited Partnership has 0.08% invested in KEMET Corporation (NYSE:KEM) for 2.13M shares. Great Lakes Advsr Limited Liability Com holds 0% or 10,000 shares in its portfolio. Blackrock Limited Liability Co last reported 0% of its portfolio in the stock. Geode Ltd Limited Liability Company reported 228,039 shares or 0% of all its holdings. Walleye Trading Ltd Liability Company holds 19,500 shares or 0% of its portfolio. Moreover, Acadian Asset Mgmt Limited has 0% invested in KEMET Corporation (NYSE:KEM) for 21,662 shares. Earnest Prns Llc has invested 0% of its portfolio in KEMET Corporation (NYSE:KEM). D E Shaw And Com holds 0% of its portfolio in KEMET Corporation (NYSE:KEM) for 227,683 shares.

More notable recent KEMET Corporation (NYSE:KEM) news were published by: Marketwatch.com which released: “Kemet started at buy with $4.75 stock price target at B. Riley” on July 16, 2010, also Prnewswire.com with their article: “KEMET Corporation Purchases IntelliData, Inc.” published on April 01, 2015, Smallcapnetwork.com published: “Going Long on Small Cap KEMET Corporation” on November 10, 2016. More interesting news about KEMET Corporation (NYSE:KEM) were released by: Prnewswire.com and their article: “KEMET Announces New Global Sales and Marketing Senior Vice President” published on July 07, 2015 as well as Streetinsider.com‘s news article titled: “Kemet Corporation (KEM) Misses Q4 EPS by 3c; NEC TOKIN Joint Venture Reaches …” with publication date: May 03, 2016.

KEM Company Profile

KEMET Corporation (KEMET), incorporated on July 9, 1990, is a maker of passive electronic components. The Firm operates in two divisions: Solid Capacitors, and Film and Electrolytic. The Firm offers multilayer ceramic, solid and electrolytic aluminum and film capacitors. The Company’s product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in.

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