I wasn't sold on Harsco's (NYSE:HSC) recovery plans around eight months ago,
or at least the extent to which the valuation on the shares already
assumed a lot of improvement. The shares have been volatile since then,
declining almost 20%, before a recent recovery run has taken them back
to basically flat. I'm more optimistic about the company's plan and
outlook today, but the valuation is still not compelling enough to me.
Continue here:
Harsco Has A Long Road, But A Better Plan
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