Filtronic Stock Price Will Jump

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Filtronic Stock Price Will Jump

Filtronic Stock Price Will Jump 56%

According to experts, the Filtronic (FTC) stock has the potential to jump by almost 56%. A quick look at Filtronic shows it was first a penny stock and has now been upgraded to a new class.

But what's surprising is that Filtronic has gained 1550% in just 5 years. The stock was worth just 8p a few years ago, and today it has a market cap of 290 million.

Filtronic (Ftc) Stock Price Up By 70%

Just this year alone, the Filtronic (FTC) stock price has jumped by 70%. So, what does Filtronic (FTC) actually do? They make advanced radio frequency communication tools for different industries.

Their products include transceivers, filters, amplifiers, and so on. And the best part is that Filtronic (FTC) has a partnership with the famous firm SpaceX.

In fact, the partnership with SpaceX was the defining moment for the Filtronic (FTC) stock! Now, they make parts for the SpaceX Starlink project.

But this also shows that Filtronic (FTC) has a very concentrated customer base, and SpaceX makes the bulk of it. The Filtronic (FTC) is trying really hard to get more clients, but it will likely take some time.

However, the growth prospects of Filtronic (FTC) are very solid as SpaceX is expanding at a rapid rate. This expansion of the SpaceX Starlink project means more demand for the Filtronic (FTC) products.

So, even if Filtronic (FTC) is a small company, it does have untapped potential. In fact, the return from the Filtronic (FTC) stock in the 5 years was also something that you don't see every other day.

With all things considered, experts believe that Filtronic (FTC) stock can easily gain 56% upside from its current levels. If we look at history, a return of 56% is nothing for the Filtronic (FTC)!

So, if you are bullish on SpaceX and everything related to space, then you should seriously consider looking at the Filtronic (FTC) stock.

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