Exsorbet Industries, Inc. is a diversified environmental product and service company specializing in hazardous waste cleanup.
After going through some hard times, EXSO is in the midst of a major turnaround. Their many subsidiaries are showing rapid quarter-to-quarter growth in sales, and profit margins. One of their subsidiaries recently won a 10 year, $50M contract. EXSO's 1996 earnings are expected to be at least 20 cents a share, which puts the P/E at 10 -- significantly undervalued given its growth over the past year. Cost cutting through consolidation of their most recent acquisitions will improve profits further.
EXSO trades at about $2 now and should move significantly higher within the next 6-9 months. |
