Gentex has strong fundamentals highlighted by its Surperformance ratings.

The company shows several qualities, from which most important are revenue growth, an interesting profitability and upward revisions of both sales and EPS. Thus, sales and margins are increasing every year. Analysts expect revenue to grow of 42% by 2016 reaching USD 1.7 billion. Moreover, net margin should exceed 20% at the end of the same period. Most of all, analyst from Thomson Reuters have significantly revised upward their estimation of revenue and EPS for the coming years, proving the good dynamic of the business activity.

From a technical viewpoint, stock prices have come back to the proximity of USD 28.5. This level, corresponding to the upward trendline is a good opportunity to take a long position, as it should help the equity to rebound toward USD 31.5. Moreover, a triple bottom is taking shape that could launch the share back on its bullish trend.

Therefore, active investors could buy the Gentex stock at the current price, targeting USD 31.5. Nevertheless, a stop loss will be triggered under the support level currently tested.