Jenks Jumps
Growth at reasonable price, long-term horizon, value

National Presto Industries: Leakage In Its Absorbent Products Segment

It's hard to imagine a company that's been in business more than a century being under-followed. When the company has a 69-year track record of dividends, it's a further puzzler. Factor in the characteristic that some of its products are innovative yet now well-known and standard household staples. It makes little sense why the stock is not heavily traded.

Company HistoryA quick glimpse at the history of National Presto Industries (NYSE:NPK) and one is charmed by its mark on Americana. At the onset in 1905, Northwestern Steel and Iron Works, National Presto's predecessor, manufactured pressure canners for commercial use. The USDA endorsed pressure canning as the only safe way to can low-acid foods in 1917. Commercial canneries...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
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