Is Orion Energy Systems (OESX) a Smart Long-term Buy?
Heartland Value Fund recently released its third-quarter investor letter – a copy of which is available for download here. The fund posted a return of 6.6% for the quarter, outperforming its benchmark, the Russell 2000 Value Index which returned 2.6% in the same quarter. You should check out Heartland’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Heartland Advisors highlighted a few stocks and Orion Energy Systems Inc. (NASDAQ:OESX) is one of them. Orion Energy Systems Inc. (NASDAQ:OESX) is an American LED lighting and intelligent controls enterprise. Year-to-date, Orion Energy Systems Inc. (NASDAQ:OESX) stock gained 199% and on December 21st it had a closing price of $10.01. Here is what Heartland Advisors said: