John Rogers Comments on Kennametal Inc.

- By Holly LaFon

Another top contributor was specialty cutting tool insert maker Kennametal Inc. (NYSE:KMT), advancing +20.55% on strong earnings driven by improved sales execution, cost reductions and increased productivity. New CEO Chris Rossi also delivered a well received 3-year strategic plan outlining further opportunities for margin improvement. We continue to believe Kennametal remains underpriced relative to its intrinsic value.

• Warning! GuruFocus has detected 6 Warning Signs with KMT. Click here to check it out.

• KMT 15-Year Financial Data

• The intrinsic value of KMT

• Peter Lynch Chart of KMT

From John Rogers (Trades, Portfolio)' Ariel Funds 2017 shareholder letter.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 6 Warning Signs with KMT. Click here to check it out.

• KMT 15-Year Financial Data

• The intrinsic value of KMT

• Peter Lynch Chart of KMT