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CMCO - Columbus McKinnon: Management's Ambitious Growth Plans Can Lift This Stock Higher
Columbus McKinnon Corporation
2024-05-27 20:14:50 ET
Summary
Columbus McKinnon Corporation is an overlooked company with solid growth potential in the global motion solutions market.
The company is the largest hoist company in the US and the second largest globally, operating in the Americas, EMEA, and Asia Pacific regions.
Management has ambitious plans to achieve $1.50 billion in revenue by 2027, with a focus on organic growth, acquisitions, and increasing EBITDA margin.