Alan Brochstein, CFA
Contrarian, growth at reasonable price, management change, cannabis stocks

Encore Wire: Doing Well Despite Tough Times

Encore Wire (NASDAQ:WIRE) is a value-added manufacturer of interior electrical wire that is highly leveraged to residential and commercial construction, with a great stock symbol and an even better corporate culture. While the macroeconomic conditions have been very challenging, the industry has experienced some consolidation that should benefit WIRE. Further, the company has several initiatives to drive growth. While the stock is no bargain after nearly doubling over the past two years, it is an excellent company worth watching closely in my view, and could really take off if construction accelerates.


I had the opportunity to meet with the CEO and CFO and listen to their presentation at the Hodges Capital Investment Forum in Dallas on August...

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