ITPOF - Intertape Polymer Group - Updating The Thesis

I had covered Intertape in December, last year, before the Coronavirus crisis. The following is offered as an update to the thesis given the massive convulsions in the financial markets and economy we have seen since then. I was bullish on the stock last December but was little doubtful about how the company would hold up in a recession. I had understood that we were at the end of the expansionary cycle but I did not expect the recession to arrive that quickly; but it did come; like an express train followed by a

Read more ...