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Stock impact report

Investing in Eltek (NASDAQ:ELTK) three years ago would have delivered you a 185% gain [Yahoo! Finance]

Eltek Ltd. - Ordinary Shares (ELTK) 
US:NASDAQ Investor Relations: eleceltek.com/en/financial.php?tid=5
Company Research Source: Yahoo! Finance
But when you pick a company that is really flourishing, you can make more than 100%. For example, the Eltek Ltd. NASDAQ:ELTK ) share price has soared 165% in the last three years. How nice for those who held the stock! So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over the last three years, Eltek failed to grow earnings per share, which fell 21% (annualized). So we doubt that the market is looking to EPS for i Show less Read more
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