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AGX - Argan: Power Industry Services Division To Drive The Company Forward
Argan Inc.
We wrote about Argan (AGX) in September of last year and stated that we believed this engineering and construction firm did not have much downside. When we wrote that piece, shares were trading at approximately $39 a share. Shares managed to rally from that point to hit $42 a share in February of this year. Events over the past month or so decreased the stock price to approximately $32 a share. We have since rallied back to approximately $38 a share.
The purpose of our September article was to show how bullish the