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Ormat Technologies, Inc. (ORA): A Bull Case Theory

We came across a bullish thesis on Ormat Technologies, Inc. (ORA) on Value Investing Subreddit Page by CanopyResearch. In this article, we will summarize the bulls’ thesis on ORA. Ormat Technologies, Inc. (ORA)'s share was trading at $72.21 as of May 2nd. ORA’s trailing and forward P/E were 35.40 and 34.48 respectively according to Yahoo Finance.

[caption id="attachment_1073894" align="aligncenter" width="768"] Photo by Mark Kuiper on Unsplash[/caption]

Ormat Technologies (ORA) is currently undervalued by the market, which is failing to recognize its long-term potential. As the...