Gentex is a manufacturer of rearview mirrors for automobiles. Not a glamorous business, but a very profitable one. Since 1990, profits have grown at a compunded rate of 60 percent a year.
Gentex mirrors are no ordinary mirrors. They sense and detect brightness of oncoming lights and darken automatically.
They are already popular in luxury cars and sport-utility vehicles, and once these mirrors become standard in small to midsize cars, this stock will EXPLODE.
Any opinions or facts on this company would be very appreciated. |