Looking for "pick and shovel" plays, companies that supply and support companies that are seeing significant growth/upturns, is a time-tested strategy that continues to work. That brings me to Tokai Carbon (OTCPK:TKCBY) (5301.T), a company that is a significant player in carbon black, graphite electrodes, and fine carbon, but far from a household name. While the company has a good, and improving, business in its core carbon black operations, a supply squeeze in graphite electrodes that may persist for multiple years is adding sizzle to the story.
These shares have already tripled over