BGG - Briggs & Stratton Corp.: Fundamentally Weak Despite 100% Rally
Briggs & Stratton Corp. (BGG) with a market cap of $325 million is a manufacturer of gasoline engines and outdoor equipment with an extensive product portfolio for residential and commercial applications. The company produces motors used in everything from portable generators, lawn mowers, tractors, and construction equipment through a number of internal brands and is also a supplier for some major customers. It's been a challenging period with stagnant growth amid shifting trends in residential lawn equipment moving more towards electric power alternatives. Back in August, the company reported an unexpected loss and announced a