Reported about 17 hours ago
Heartland Advisors, in their Q1 2025 investor letter, discussed the investment potential of Columbus McKinnon Corporation (CMCO), highlighting its recent stock decline and overall market performance. Despite a staggering 66.99% loss over the past year and a 24.40% drop in one month, Heartland sees promise in CMCO, noting strategic insider buying and the company’s strong fundamentals. However, the firm believes that AI stocks may offer better returns in the near future.
Source: YAHOO