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Monday, December 10, 2012
Investopedia: Titan Machinery's Model is Still Risky, But The Growth Is There Today
The markets have seen plenty of stories like Titan Machinery (Nasdaq:TITN)
- stories where a company uses debt to consolidate a highly-fragmented,
low-margin industry where the hope is that scale can ultimately improve
those margins. Many of these stories hit the rocks when
acquisition-fueled growth peters out and/or operational missteps make
the debt load unmanageable. There's no guarantee that Titan Machinery
will meet this same fate, but investors would do well to realize the
risks that come with the apparent undervaluation here.
Continue to the full article here:
http://www.investopedia.com/
Continue to the full article here:
http://www.investopedia.com/
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