Aug. 15 at 2:22 PM
$AMTM Christopher Davis -value investor- picked AMTM as a compelling second half stock pick.
$5.4B market cap, 9x forward earnings which is low. Management is cleaning up the books as proved in recent earnings beating the estimate of 0.63. Don’t forget the government shut down Q1-Q2 didn’t help.
Side note: November tends to show improved stock value due to portfolio rebalancing. I will be looking for an entry point on Monday, starting a long term position.