Archive for September, 2014

Is Colfax a buying opportunity?

September 18th, 2014 Comments off

Investors in Colfax Corp. (NYSE: CFX) learned something new in the past months: weakness of the stock price!

After the company missed expectations in their Q2 2014 results due to weakness in some of their markets the stock price receded from an all time high of $75.37 down to less than $62 in these days.
Is it a buying opportunity? Insiders think so and bought on several occasions within the last months.
Colfax stock certainly is not cheap but it never was all the way up to ten-bagger status for readers of this blog! Today it is trading at a p/e FY 2015 of 20.

The fluid handling market will recover and Colfax business model of permanent improvement of their operations together with the successful integration of acquired businesses is working better than ever.
Expect above average growth potential which justifies an above average price of Colfax stock!

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