Titan International: Undervalued Stock With Strong Financials

GrowthInvesting
673 Followers

Summary

  • TWI posted solid FY22 and Q4 FY22 results. Their sales and income grew significantly in FY22.
  • The management has provided optimistic revenue guidance for FY23.
  • They are undervalued compared to industry standards.
  • I assign a buy rating on TWI stock.

CLOSE UP: Freight semi truck passing by on highway, tires and wheels rolling

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Titan International (NYSE:TWI) manufactures and sells tires, wheels, and undercarriage products for off-highway vehicles in Europe, North America, the Middle East, and internationally. It operates in agricultural and consumer segments. They provide rims, wheels, and undercarriage products for various agricultural equipment, including planters, skidders, and tractors. They also provide rims

This article was written by

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I am an active investment banker with more than 15 years of experience in the equity markets. I specialize in long term equity investments. My goal is to provide the investors with strategic investment opportunities in the equity and debt market.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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