Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Investors Are Already Pricing In Lincoln Electric's Recovery

Every once in a while shares of the world's largest welding company, Lincoln Electric (NASDAQ:LECO), sell off and get cheap. These opportunities seem to come about every two years or so, and investors would do well to look out for them, as there are plenty of people who know all too well just how good of a company this is. Accordingly, while Lincoln Electric had pretty weak results within the welding industry, the market has not only shrugged it off but pushed these shares to a new all-time high.

Q4 Results - Nobody Said It Was Going To Be Pretty

While Lincoln Electric saw pretty significant volume declines in the fourth quarter, analysts and investors had pretty much...

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