I can't really comment on the current trend - Short-term can definitely move lower. Looking at how the company is positioned, it's hard for me to not see them produce impressive results longer-term. I known people who have worked for ALC and are in the systems controls industry - it's unbelievable how much runway there is ahead.
FWIW - unfiltered comments from a PM at one of the top PE shops in London whom I've sent this piece to:
"Still has some more way down IMO, but good company! They will do aggressive M&A, super cash rich and market demanding growth."
Thanks for your input John.
I can't really comment on the current trend - Short-term can definitely move lower. Looking at how the company is positioned, it's hard for me to not see them produce impressive results longer-term. I known people who have worked for ALC and are in the systems controls industry - it's unbelievable how much runway there is ahead.