Q: I bought and traded out of HME and then re-purchased at the recent low... It is a fairly small producer and the stock price seems to be range-bound... $1.89 to $2.20 ± . What are the long term prospects for this company ? Should I just keep flipping it for a profit , or do you see it pivoting upward ?
5i Research Answer:
HME is cheap with a good yield, top line growth is expected to decline though which we are not fans of. The balance sheet looks fine. We would be ok with holding it but would prefer something with a bit more growth.