The combination industrial automation and train signaling/control story that is Hollysys (NASDAQ:HOLI) continues to improve. Building on solid share in its existing businesses, Hollysys is adding products and targeting end markets that should billions to its long-term addressable opportunity. Although the stock has doubled the return of the S&P 500 over the past year, the company is still largely unknown and the prospects of many years of strong revenue and FCF growth still argue for owning these shares.
Another Strong Quarter
Hollysys delivered a strong fiscal second quarter without any particularly glaring points of concern.
Revenue rose 76% as reported, with the rail business up 157% as the company converts orders to sales. The industrial automation business was...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|