1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7280) 

Baron Funds Comments on Polypore International

February 20, 2013 | About:

Polypore International, Inc. (PPO) gained 31.5% in the fourth quarter. Sales of electric vehicles (EVs), which use battery separator components manufactured by Polypore, were choppy over the course of 2012. This hurt Polypore's sales volumes and caused it to reduce earnings expectations earlier in the year. In the fall, Polypore held a constructive analyst day, where the company's management team showcased their state of the art manufacturing facilities and differentiated technology. In the aftermath, Polypore's shares began to recover from their pullback earlier in the year. We think the market for EVs has bottomed, and that volumes of hybrids and other EVs should start to pick up. We continue to believe that Polypore's shares are undervalued and its multiple will increase once endmarket growth resumes. (Randy Gwirtzman)

From Baron Funds' fourth quarter commentary.

Rating: 3.0/5 (3 votes)


Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon

User Generated Screeners

HOLKLSUCut the Mustard Chemicals Meta
oskouiJap - PioEY
oskouiCanada - PioEY
OGCAMGUpdated Bad Current Ratio 2017
sbeccuegf10YR 10% BOOK
sbeccuegfBANKS 10 ROE
stewloewySL-Default Template
rmaluskiOE + Div Growth Hold List
pbarker4638 Profitable Quarters
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)