CAV has little or no following on Wall Street. There is huge potential to make a killing on this stock, whenever the street starts paying attention again, but I don't know when that will be.
Revenues grew about 25% in 1996 to around $27 a share.
Earnings grew about 50% in 1996 to around $1 a share.
The stock price is currently floating in the depths of a $10.50-$11 trading range.
There is little debt and little reason to believe CAV won't keep growing.
This stock was beaten up when the CEO and founder, Jerry Wilson, died of a heart attack. This was a tragic event but no reason to assume the company will suddenly cease to have a profitable operation.
This stock has been killed for no reason, and while I currently hold no position, I am thinking about it, and will probably jump in on a bounce upward or two on good volume. I would just need to free up some cash first!
I used to have a thread called SCREAMING BUYS. Well this one is a SCREAMING VALUE PLAY if I have ever seen one. I should really start buying value stocks anyway, I always have better luck with them. Oh well.
~Ben :-) |
