Richardson Electronics (RELL) in Rewey Asset Management Q2 2024

Capitalizing on Semiconductor Cycle and Emerging Opportunities

Apr 15, 2025

Summary

Benefiting from the bottoming of the semiconductor equipment cycle.
Exploring new growth avenues in wind turbine battery replacement.
Potential for significant upside as market conditions improve.

In the Rewey Asset Management 2nd-Quarter Letter 2024 Q2, Richardson Electronics (RELL, Financial) was noted for its strong quarterly performance, driven by strategic positioning in the semiconductor cycle and new growth opportunities. The company’s focus on emerging markets like wind turbine battery replacement positions it well for future growth.

"We continue to see tremendous potential upside for RELL, driven by the bottoming of the semiconductor equipment cycle. RELL noted it thought 1Q24 was the trough." — Chip Rewey, Rewey Asset Management, Q2 2024 Fund Letter

Read full letter at gurufocus Chip Rewey's Rewey Asset Management 2nd-Quarter Letter 2024 Q2 page.

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