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Mohawk Industries: Continue To Observe How Margins Improve

Jay Capital profile picture
Jay Capital


  • MHK shows promising signs of recovery with better-than-expected 1Q23 results, indicating a positive trend.
  • Despite potential competition and pricing pressure, MHK's long-term prospects appear favorable, with factors such as lower energy and raw material costs acting as tailwinds.
  • My recommendation is to hold and monitor MHK's progress, particularly in terms of margin improvement in 2Q23 and beyond.
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I reiterate my recommendation that investors need a long-term perspective to take advantage of the Mohawk Industries (NYSE:MHK) share price mispricing today, but they also need to be wary of the near-term dangers (given the weak 4Q22 results). In my

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Jay Capital profile picture
I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady long-term growth, no cyclicality, and a robust balance sheet.Nevertheless, investing in successful company is risky because one may end up paying too much (this is where valuation matters). I firmly believe this, yet there are situations where the development runway is so vast that price matters much less in the immediate future.

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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Comments (2)

OverTheHorizon profile picture
Will fall with housing:

“Mortgage demand plummets as interest rates soar near 7-month high”
You're forecasting nice margin improvement next year and in 2025 and you believe the stock will double to $190 per share. And yet, you rate the stock a Hold. What am I missing? Am I suppose to wait for the fundamentals to improve and buy after the stock has skyrocketed towards your price target?
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