Griffon Corp $ 24.60 -0.25 (-1.01%)
Griffon Corp News and Headlines -
GuruFocus Articles
Total 12
- 1
- 1
Value-seeking investors could be interested in the following stocks as they are growing earnings faster than sales, indicating the existence of efficient operating activities as sales growth is turned into higher net income.
As screening criteria, this research considers past five-year revenue growth rates of no less than 5% per annum and past five-year net income growth rates of no less than 10% per annum.
McGrath RentCorp
The first stock to consider is McGrath RentCorp (MGRC).
Based in Livermore, California, McGrath RentCorp rents and sells relocatable modular buildings, liquid and solid containment tanks and boxes, portable storage containers and
Want to invest like Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio)? One approach would be to buy what they buy, after the fact (even though we may not be able to get the same prices as they did).
Another helpful tool is to check the companies that make it through the Buffett-Munger Screener at GuruFocus. This screener looks for companies that meet four important criteria that Buffett and Munger are known for placing high value on:
- High predictability rank; in other words, companies that
A stream of economic data in recent weeks has pointed to signs of a sawtooth pattern rebound in the labor market, the manufacturing sector, retail sales, and consumer spending. Optimism that the U.S. may be on its way to an economic recovery has helped the broader market to hit fresh new highs in August. Yet questions remain about the sustainability of the economic rebound given the ongoing pandemic, exploding government debt, and a burgeoning commercial real estate crisis in major cities. Lost in the optimism of the equity markets and the uncertainty of the economic headlines is the reality of
Despite housing starts dropping in February, lower mortgage rates are giving the housing market a rosier outlook.
Reuters reported that the Commerce Department recorded an 8.7% decrease in housing starts to a seasonally adjusted annual rate of 1.162 million units, the largest percent decline in eight months as a result, in part, of bad weather. Construction of single-family homes tumbled to a one-and-a-half-year low. Building permits also fell 1.6% to a rate of 1.296 million units.
While homebuilders bear the brunt of the impact from changes in the housing market, the companies that provide the necessary
Overview:
Mario Gabelli (Trades, Portfolio) founder of GAMCO Inc. (GBL) did an interview with Barron's in which he identified three stock picks for 2016.
Gabelli made the case for investing in Madison Square Garden Co. (MSG), Griffon Corporation (GFF) and a broadcast company that could become the ESPN of Europe.
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:
Opko Health Inc: CEO and Chairman, 10% owner Phillip Md Et Al Frost bought 46,800 shares
CEO and Chairman, 10% owner of Opko Health Inc (OPK) Phillip Md Et Al Frost bought 46,800 shares during the past week at an average price of $14.30. Opko Health Inc was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics, Inc. Opko Health Inc has a market cap
On March 4, Mario Gabelli (Trades, Portfolio), the chairman and chief executive officer of GAMCO Investors Inc. added Griffon Corporation (GFF) at an average price of $12.61 and currently holds 6,752,733 shares of the stock, worth 0.01% of his portfolio.
So let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment opportunity in the building products industry, which is a cyclical one and driven by the overall health of the U.S. economy.
Positive Outlook
The company is a diversified manufacturer of building
Headlines
Total 127
- 1
- 2
- 1
- 2
- 1
- 2