Taitron Components (NASDAQ: TAIT) continues to impress. Contributing to the stock's success are expanding margins and management's focus on returning cash to shareholders. Additionally, the company remains debt-free.
But not everything is on the up-and-up at Taitron. The company reported a third straight quarter of double-digit revenue declines and working capital levels are a growing concern considering the current trend in sales.
Overall, Taitron is speculative at its current market price. Currently, the stock is trading at a premium compared to competitors, which is partly justified given Taitron's superior business margins. However, it is