Background
KEMET Corporation (KEM) reported earnings for Q1 2020 at the beginning of August. Despite reporting another strong quarter and no signs of slowdown, the stock sold off from a high of near $21.50 to a current share price of $17.56 due to the ongoing trade skirmish with China. Despite this, several exciting developments came out of the quarter and subsequent conference call, and the current divergence between company performance and share price offers investors an opportunity to initiate or add to a position in one of the most undervalued companies in the