Q: Can you provide an updated view / outlook got this name?
5i Research Answer:
KITS continues to chug along, now up 46% this year. Valuation is on the very high side at 78X earnings, but the company is very-well managed and continues to deliver the goods. The balance sheet is fine and very strong earnings growth is expected over the next two years. Insiders own 26%. The last quarter was very good, with a 'beat' on earnings of 54%. We like the stock.