Q: It looks like the market isn't fond of the recent quarter from NWC. What will it take to get this stock going again? Is this a good entry point?
5i Research Answer:
We have some comments posted today; the company has made good strides in controlling costs, but investors are focusing on the drop in sales (0.5%). It is hard to show great earnings growth without at least some decent sales gains. Still, we think the drop makes it buyable, in an 'accumulation' fashion.