|Day Low/High||31.02 / 31.73|
|52 Wk Low/High||26.20 / 49.01|
While earnings per share have advanced nicely, ASTE is down compared to last year as investors had fled, leaving the stock at a depressed price-to-earnings.
As we enter the dog days of summer, with lower volume and perhaps more volatility, portfolio performance may get interesting.
This is the first inception-to-date period that the portfolio has not outperformed its benchmarks.
The recent market turmoil has created an opportunity for investors seeking to snap up shares of Astec Industries at a decent price.
With its focus on infrastructure and its stock down for the moment, this might be a good time to buy shares of Astec Industries.
These 22 stocks in the aggregate are still outpacing the Russell 2000 and Russell Microcap indices, but by a narrower margin than before.
These 22 stocks in the aggregate continue to outpace the Russell 2000 and Russell Microcap indices as all but three are in positive territory.
Titan Machinery is the top performer so far in 2019, up 38% since portfolio launch.
The 22 names in the portfolio as a group are outpacing the value components of the Russell 2000 and Russell Microcap indices.
Despite disappointing performance this year, the strategy has shown solid return in the past.
Astec should be a major beneficiary of future government spending as it starts ramping up in earnest.
Astec Industries, an infrastructure play, has pulled back to firm support and shows upside.