Franklin Electric Co., Inc. (FELE): A Bull Case Theory 

We came across a bullish thesis on Franklin Electric Co., Inc. on Flyover Stocks’s Substack by Todd Wenning. In this article, we will summarize the bulls’ thesis on FELE. Franklin Electric Co., Inc.’s share was trading at $95.20 as of September 30th. FELE’s trailing and forward P/E were 24.64 and 20.16 respectively according to Yahoo Finance.

Franklin Electric, headquartered in Fort Wayne, Indiana, is a largely under-the-radar but highly...