, Tracking Stock Market Picks
Enter Symbol:
Alamo Group, Inc. (ALG) [hlAlert]

up 18.34 %

Alamo Group, Inc. (ALG) rated Buy with price target $57.70 by Feltl & Co.

Posted on: Friday,  Nov 8, 2013  2:25 PM ET by Feltl & Co.

Feltl & Co. rated Buy Alamo Group, Inc. (NYSE: ALG) on 11/08/2013. Previously Feltl & Co. rated Buy Alamo Group, Inc. (NYSE: ALG)
on 05/03/2013., when the stock price was $42.35. Since then, Alamo Group, Inc. has gained 18.35% as of 11/06/2015's recent price of $50.12.
If you would have followed the previous Feltl & Co.'s recommendation on ALG, you would have gained 18.34% of your investment in 917 days.

Alamo Group Inc. is a player in the design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, pothole patchers, agricultural implements and related aftermarket parts and services. It operates 17 plants in North America, Europe and Australia. It sells its products through a network of independent dealers and distributors, governmental end-users, related independent contractors, as well as to the agricultural and commercial turf markets. It operates primarily in the United States, England, France, Canada, and Australia. On May 30, 2008, the Company acquired Rivard Developpement S.A.S., which is a manufacturer of vacuum trucks, high-pressure cleaning systems and trenchers. In October 2009, Alamo Group, Inc. completed the acquisition of the majority of the assets of Bush Hog, LLC.

Feltl and Company's Research Department is focused on micro to small market capitalization companies that are not widely covered by other research firms. Our research universe is focused and organized around the sectors of Technology, HealthCare, and Leisure/Consumer. Feltl and Company holds its research department to very high standards, and strives to provide value- added investment ideas through sound fundamental analysis. Feltl and Company's Research Department includes six senior analysts and one associate analyst with many years of investment analysis experience. Although we are focused on, and committed to, companies in the Upper Midwest, our reach extends from coast to coast. About half of the companies we cover are headquartered outside our "backyard." Our analysts have significant industry experience and strive to know their companies inside and out. Through stringent analysis, they provide value by creating a disciplined application of company valuation, allowing our clients to make sound investment decisions.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2013 2:25 PM Buy
49.49 57.70
as of 12/13/2013
1 Week down  -6.57 %
1 Month up  8.21 %
3 Months up  16.78 %
1 YTD up  10.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2013 10:25 AM Buy
44.66 54.40
5/3/2013 3:25 PM Buy
42.35 47.00
3/11/2013 11:25 AM Hold
39.23 35.70
11/30/2012 10:25 AM Hold
31.37 31.00

(*) Stock Price at the time of the recommendation.
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