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Hurco Companies Inc. Message Board

  • bot_feeder bot_feeder Jun 14, 2012 2:06 PM Flag

    I'm in

    Had this stock years and years ago. As I recall it was dirt cheap and I sold for a small profit, then it did something like 1000% gain. But I was used to that.

    Now I'm just looking at it like any other stock. They have a strong balance sheet, business has been strong, the forward looking PE ratio after backing out cash is about 7 or so.

    Can't see much not to like about this stock. In for a bit.

    The main downside is probably simply global macroeconomics. A dropping tide lowers all boats.

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