Filtronic: A British stock reaching for the stars

British stock Filtronic’s explosive growth is only just getting started, says Rupert Hargreaves.

SpaceX Falcon 9 Rocket Launch
(Image credit: Getty Images)

The continual drip, drip of companies being taken over or delisted from the London Stock Exchange, and the lack of a pipeline to replace them, is making it increasingly challenging to find exciting, undervalued opportunities there. That means it’s even more critical for investors to act quickly and with conviction when opportunities arise.

Filtronic (Aim: FTC) is one such opportunity. It is a UK-based designer and manufacturer of high-performance radio-frequency microwave and millimetre-wave components and subsystems for the aerospace industry. Over the past decade, it has carved out a world-leading niche in this corner of the market, and today it’s reaping the benefits.

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.