Reported 12 months ago
Despite a 33% decline in share price, Global Industrial, a company specializing in distributing maintenance, repair, and operations (MRO) products, could be a lucrative investment. With a focus on niche MRO products, 50% of sales coming from private-label items, and recent acquisition of Indoff, Global Industrial offers growth potential. The company's attractive valuation, stable niche, strong ROIC, dividend yield of 2.9%, and history of dividend growth make it a compelling stock to consider buying and holding for the long term.
Source: YAHOO