Small-cap stocks provide great investment opportunities for investors willing to spend the time searching for undervalued plays, cloaked by a lack of analyst coverage. With 14 analysts following the stock, Kennametal (KMT) is not lacking coverage.
However, it appears that many of the analysts are split on what to make of the company - there are 3 strong buy, 4 buy and 7 hold recommendations.
Strapped with cash, key acquisitions, a solid 1.7% dividend yield, diverse products, a diverse customer base and the global economic recovery as a tailwind to its back, we see KMT as rising 20% over the next year.
Kennametal is a supplier of high-speed metal cutting tools, tooling systems as...
Only subscribers can access this article, which is part of the PRO research library covering 3,600 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: