Titan Machinery (NASDAQ:TITN)

CAPS Rating: 3 out of 5


Player Avatar ScalaAnalyst (< 20) Submitted: 11/14/2012 2:02:28 PM : Outperform Start Price: $20.48 TITN Score: -7.93

It is impossible to time the market, and I have noticed recently that many of my stocks have taken a hit since the presidential election, the coming US fiscal debt problems and restructuring of Europe debt crises, mid east civil wars and mid east countries acquiring WMD's. But this stock seems to be more oversold than other companies. I just believe that with their prior growth rates, this deserves some further research. There are two ways to grow a company. Push sales team to get new business or buy out other companies in an expansion push. With their recent acquisitions in the summer of 2012 it appears they are heading in that direction. But this company hasn't limited itself to the USA, they are expanding in Europe, so they are slowly gaining a global market share. Their PE is low and the price for their eps growth and price to book are quite nice.

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