Alamo Group, Inc. (ALG): Checks The Boxes Of A Good Stalwart But Not A Buy (In-Depth Analysis)

SUMMARY

• Alamo Group poses a great candidate for your allocation in Industrial stocks
• The past growth has been steady and we expect the same in future. The stock price has reflected the underlying quality.
• But the valuations do not reveal a feasible upside and so it's a no-no.

Q1 hedge fund letters, conference, scoops etc

Company Profile

Alamo Group, Inc. (NYSE:ALG) is a global leader in design and manufacture of high quality equipments that find its use in infrastructure maintenance, industrial and agricultural applications and many more. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket parts.

The company currently reports...