Although I'm less inclined to buy shares at these levels, there are certain companies worth paying up for and I think CSW Industrials (NASDAQ:CSWI) is one of them. At the current price, shares trade at close to
CSW Industrials Is Still Looking A Little Too Expensive
Summary
- CSW Industrials will likely never trade cheap enough to trip my hurdle rate, and at the current price of $130/share, I may be waiting a while.
- Their relatively heavy exposure to the residential housing end-market has thrust them into strong year-over-year growth, which is being partially offset by their remaining end-markets.
- While I don't find shares terribly cheap, GARP oriented investors may find value here given management's historical record of driving value through acquisitions.
Former buy-side analyst.Fundamental, cash-flow based investing. Always open to sharing ideas/thoughts.
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