A small cap, with a good valuation relative to its peers within the industrial supply sector. Recently divested overseas businesses to streamline for growth in North America.

Interesting how many special dividends this company does to reward loyal shareholders and ward off short attacks. The last one must have been particularly scary for shorts given it was $6.50 per share paid on January 3rd. I am not here for the special dividends, though. I just think this little stock looks awfully cheap. Debt free company with very few liabilities. If you bought today, you'd be paying about 0.86X 2018 revenues which is incredibly cheap. Good ROE at 28% and ROIC at about 26%. I think expectations have been tamped down pretty hard here - earnings estimates for 4Q are $0.27 a share by 2 analysts. I think they have a good opportunity to surprise higher. Small regular dividend is just icing on the cake. Price target ~$35 a share - I plan to watch events / news over the next few quarters closely.