Vince Martin
Long/short equity, value, gambling

Beware Argan's Tempting Balance Sheet

It certainly jumped out at me. While running a standard screen for value stocks, I came across Argan, Inc. (NYSE:AGX). Trading at $18.75 (as of this writing), the company had $14.06 per share in cash, and no debt. Meanwhile, trailing earnings per share were $1.44, forward earnings $1.40 per share, and its price...

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