2 weeks Ago
Morsa Images In the spring of 2023, I believed that shares of Mohawk Industries ( NYSE: MHK ) were finding a floor around the $100 mark. The company was seeing earnings being pressured following the correction in the housing market, itself the result of higher If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas.
Furthermore, we provide coverage of situations and names on request! The Value Investor has a Master of Science with specialization in financial markets and a decade of experience tracking companies via catalytic company events. Analyst’s Disclosure: I/we have a beneficial long position in the shares of MHK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.
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