Matson, Inc.: Great Company, Expensive Stock

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About: Matson, Inc. (MATX)
by: Patrick Doyle
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Patrick Doyle
Long/short equity, long only, Growth, momentum
Summary

Although I think Matson Inc. is a very solid business, I think buying at current levels makes little sense.

I think investors would do well noting insider buying activity in August 2017.

Thankfully, we don't have to wait for shares to return to August 2017 levels. We can generate some premiums in a manner that creates a win-win trade.

The past year hasn't been kind to shareholders of Matson Inc. (MATX), with the shares down about 11.5% for the year. This fact, plus the reasonable dividend yield, had me intrigued, so I