If you look at the ESCO Technologies Inc.'s (ESE) chart over the last few years, it looks very messy, erratic and volatile thanks to seasonality as well as the project-based nature of the largest part of its business, with many sharp stock price declines that take place usually, but not always, during the summer. This year was no exception, with ESCO losing 24% of its market cap during April and May.
Although the average stock price trend has gone nowhere but down since 2007, proving to be a nightmare for long-term investors, savvy opportunistic investors could have found multiple great opportunities at 30-50% short-term gains coming to fruition within three to six months from the purchase, thanks partly...
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