Titan Machinery (Nasdaq:
TITN) highlights some of the risks and rewards of highly-valued growth stories. While the stock did very well in response to blowout earnings, the stock had actually languished over the past year with some pretty unnerving dips along the way. Although the company's
cash flow situation is going to be a hang-up for some value investors, this remains an interesting company all the same.
Closing the Year With a Bang
Titan Machinery certainly delivered the goods when it came to fiscal fourth quarter results. Revenue jumped 65%, on a 66% increase in equipment sales. Growth was strong in both equipment categories, as agriculture sales rose 58% and construction sales rose 120%. While Titan has been a busy acquirer, same-store sales growth was up a robust 41%.
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http://stocks.investopedia.com/stock-analysis/2012/Titan-Machinery-Delivering-Giant-Sized-Growth-TITN-CNH-DE-CAT0413.aspx
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