Alamo Group, Inc. (NYSE:ALG)
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The Company is in the business of design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture.
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The Company is in the business of design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture.
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Alamo Group would be a throw back HG pick by the likes of Bill Mann. Alamo is a manufacturer of agriculture related products, 300M market cap, PB of 1.2, PE of 13. Their debt is minimal and they have a history of increasing revenue, earnings, and book value. It's a small-ish business with few followers and a good business, responsible management, and attractive financial ratios. I also like the macroeconomic tailwinds of the agribusiness sector in regards to commodity price increases.MJKhttp://www.google.com/finance?q=NYSE:ALG