VTI - Hooker Furniture: Steady Dividend Growth With Rising Demand
Hooker Furniture Corporation (HOFT) is a financially stable company, which suffered in the current crisis due to lower demand and disruptions in the supply chain in the first quarter. However, these metrics have always been temporary, and there is a significant probability of a fast recovery as the lockdown restrictions had calmed down already. Industrial production in this sector is going to get better as reopening activities remain intact. Currently, we can see a significant downturn in industrial productions and news orders (lagging), but that's what the market priced in. The company has