SCI Stock Surges Nearly 113% in a Year: What's Behind the Rally?

SCI Engineered Materials (SCIA) has significantly outperformed its industry and the S&P 500 over the past year, driven by strong revenue and earnings growth, new product capabilities including a Plasma Spheroidization System, and expanding specialized manufacturing services. The company benefits from increased demand, new customer additions, and a stronger backlog. However, risks remain from high customer concentration and potential cost/supply-chain pressures.