The Toro Company: Growth Challenges Ahead

May 31, 2023 3:51 PM ETThe Toro Company (TTC) StockTTC

Summary

  • Today, we take our first look at The Toro Company, a provider of outdoor products both to Residential and Professional segments.
  • The company delivered more than solid results in 2022, but the equity's valuation looks stretched, and growth is slowing significantly.
  • What's ahead for The Toro Company in 2023? An investment analysis follows in the paragraphs below.
  • Looking for more investing ideas like this one? Get them exclusively at The Insiders Forum. Learn More »

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"It's a recession when your neighbor loses his job; it's a depression when you lose your own." - Harry S. Truman.

Today, we put The Toro Company (NYSE:TTC) in the spotlight for the first time. The

Author's note: I present an update my best small and mid-cap stock ideas that insiders are buying only to subscribers of my exclusive marketplace, The Insiders Forum. Our model portfolio has more than tripled the performance of the Russell 2000 since its launch. Membership also includes our lucrative 'option play of the week' feature. Join our community today by clicking on our logo below!

This article was written by

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We are a team of analysts led by Bret Jensen, Chief Investment Strategist at Simplified Asset Management.

We run the investing group The Insiders Forum where we specialize in small and mid-cap stocks that insiders are buying. The Insiders Forum portfolio managed by Bret Jensen consists of 12-25 top stocks in different sectors of the market that are attractively valued and have had some significant and recent insider purchases. Our goal is to outperform the Russell 2000 (the benchmark) over time.

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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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