Ultralife: I Bought The Dip; Here Comes The Growth

kupicoo I wrote about Ultralife (NASDAQ:ULBI) in November 2023, giving them a Buy recommendation. It was a traditional buy-the-dip opportunity. ULBI's share price had fallen from $11 to $7 following a cyberattack in early 2023, which shut down the operations for two weeks. In my opinion, the cyberattack did not change the business fundamentals and presented an excellent entry point; the share price has now recovered to $11.50. It was a great investment, making 50% in 6 months. Having conducted a thorough re ...