BC - MasterCraft Boat: A Chance To Buy This Small Cap At Potential Cyclical Lows

2024-04-29 16:14:07 ET

Summary

• MasterCraft Boat Holdings is a towboat maker primarily used for waterskiing and watersports.
• The company has a strong balance sheet with $108.8 million in cash and investments and $51.4 million in debt.
• Shareholder activist Coliseum Capital Management has accumulated a 13% stake in the company and could push for a sale or further involvement.

MasterCraft Boat Holdings, Inc., ( MCFT ) was started 55 years ago, and it has become the world's best-selling towboat maker. These towboats are used primarily for waterskiing and other watersports....

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