Value, growth at reasonable price, small-cap, long-term horizon

Ampco-Pittsburgh: Now With Over A 4% Dividend, Low Debt And Potential Catalysts This Company Is Appealing

Back In The Sweet Spot...

In an earlier article, I discussed a company that I believed to represent a compelling case for value investors looking for a "cigar-butt" - the company is Ampco-Pittsburgh (NYSE:AP). When I wrote my first article about the company, I was waiting eagerly for it to decline further in price. Why? It's a cigar butt, so I have to be paid to wait. A lower price for companies of this nature also provides a larger "margin of safety" - something critical to have when one is operating in businesses which are unpopular and struggling.

A "cigar-butt" company is a company that is beat up, repulsive, and just down right unappealing for a myriad...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details