SKY - Legacy Housing: A Growing Company In The Manufactured Housing Industry

Article Thesis

I have been talking about the opportunity of investing in small businesses in a recent article due to the wider impact of the coronavirus crisis on small-cap companies. During the first quarter of 2020, these companies – measured by the Russell 2000 index – posted one of the worst quarterly results ever with a decline of over 40%, while the S&P 500 dropped approximately 20%. Since mid-March, the Russell 2000 index has been recovering at a similar pace of the S&P 500, though it is still lagging for the year. However, despite