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MATX - Matson Inc. - Great Company Expensive Stock
Matson Inc.
The past year hasn't been kind to shareholders of Matson Inc. (MATX), with the shares down about 11.5% for the year. This fact, plus the reasonable dividend yield, had me intrigued, so I thought I'd look in on the name. I'll jump right to the point. While I like the underlying business, I think the shares have further to fall from these levels. I'd be quite happy to own the business long term, but not at these prices. I'll go through my reasoning by looking at the financial history here and by looking