Rogers Corporation (ROG) is something that is hard to find - a small cap arms dealer to 5G infrastructure and electric vehicle (EV) megatrends that already earns mid-teens operating margins, targets 7-10% organic growth and has the strength and optionality afforded by a net cash position. While the company’s 2020 goals are behind schedule, the business can still deliver on an impressive combination of growth and margin expansion to generate $10 earnings per share by 2022. Stocks with this set of drivers routinely command a multiple in the low-to-mid 20x range