Bull of the Day: Microvast (MVST)

Key Takeaways Microvast ((MVST) is a $1.25 billion provider of lithium-ion battery solutions for transportation, heavy equipment, and energy storage. Growing sales at 23% to $467 million this year, the little battery maker is also making a huge swing to profitability. With 2 analysts providing estimates, next year's topline is projected to cross $600 million for 29% growth, and profits are expected to nearly double to $0.24. Given this growth, and the valuation of only 2X forward sales, I was inspired to st ...