Commercial Vehicle Group, Inc. (NASDAQ:CVGI)
CAPS Rating:
A supplier of fully integrated system solutions for the global commercial vehicle market, including the heavy-duty truck market, the construction and agriculture markets and the specialty and military transportation markets.
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The company has bought up it's supliers and cut outside cost. They control inventory and have long term management with long term goals. Should be bought in the 21 dollar range and held for a double in 12 to 16 months.
They also have large contracts with companies such as PACCAR. I look for run back to $21 and then some. Good management team in place.
yes then they move the product manufacturing to Mexico and layoff us workers plant by plant 7 so far on the west coast... just ask Seattle, Tacoma, Vancouver, Renton, Lake Oswego, and soon Tigard Plant x employees all unemployeed with a hole 2 weeks severance pay
This is why I NEVER make price predictions in my pitches!