Middleby

Middleby: One of my favorites. Currently selling at 123.01.  I just bought some at 122.  Bought a bunch at 80.  Been a good investment.  52 week low is 108.  p?e is at 23.11.  Cap is at 7b. Analysts are neutral to negative.  Book per share is at 23 and thus p/b is at 5.3   Forward earnings is at 10ish.  Book value growth is at 20ish. Return on equity is at 23%ish.  Debt is at 27%.  The market is kind of limp on this stock.  Good insider ownership.  They sell every once in a while.  They acquire too. People need appliances.  The food industry needs kitchen stuff.  I suppose the problem is: can they keep growing.

Today, they just made deals to acquire 2 new companies.  Their p/b is not great, and they are using the last of the cheap debt.  I like this company.  They are really pumping.  I’m just gonna keep buying Middleby.

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