Does Alternative Energy Stock Ultralife Corp. Belong in Your Portfolio?
ULBI – Leveraging its wide portfolio of products and services, power and communications systems manufacturer Ultralife (ULBI) has generated significant returns over the past few years. While the company has not been making headlines, it has been growing its battery sales at a solid rate. So, we think it’s wise to bet on the stock now.
Apr 5, 2021
With a market capitalization of only $132.44 million, Ultralife Corporation (ULBI) is a relatively small player in the alternative energy space. However, the shares of this designer and manufacturer of power and communication systems have been growing at a decent rate over the past few years. The stock has rallied more than 62% over the past year to close last Thursday’s trading session at $8.28. It has also gained 62.4% over the past five years. The company received some attention after it was added