20h ago
HDD supply chain has lots hidden gems NHK springs is one of them Subscribe on X to read
If you missed STX/WDC/SNDK, then you should take a hard look at NHK spring (TSE 5991). A company with 50% duopoly share of critical HDD component that is 14% of sales but over 50% of EBIT, growing 60% annually, generating 40% incremental margins... trading at 14x earnings because investors still view it as an auto-parts company.
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