The word quirky probably doesn't do justice to Raven Industries (RAVN),
as this small conglomerate is a leader in such disparate markets as
reinforced plastic sheeting, GPS-based controls for agricultural
equipment, and high-altitude balloons. While Raven has consistently
generated strong returns on capital, the free cash flow hasn't been as
consistent or impressive. With meaningful exposure to markets like
energy and government and what looks to be a premium valuation, I think
investors may do better to wait before making a major commitment to
Raven with their own capital.
Please read more here:
Quirky Raven Has The Quality, But Not So Much Value
No comments:
Post a Comment