Making labels for consumer products like dish detergent, food, and beverages is not exactly a sexy business, but Multi-Color (NASDAQ:LABL)
continues to operate its plan to good effect. Although Multi-Color
isn't widely followed on the Street and doesn't have huge liquidity,
investors in this combo story of steady organic growth, serial
acquisitions, and margin leverage have done well over the past year.
Better
still, organic growth seems to be picking up and margins continue to
develop nicely and the company is just starting to tap into incremental
growth opportunities like healthcare labels. I don't think these shares
are particularly cheap at this point, but I'm not in any hurry to sell
out of a position where the underlying story appears to be getting
better.
Read the full article here:
Multi-Color Showing Better Margins With Improving Growth
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