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MTW - Miller Industries: The Risk To Reward Here Is Favorable
Manitowoc Company Inc.
Miller Industries has had a difficult two years, especially when it has come to profitability and cash flows.
The business remains pressured by supply chain issues and high inflation, but this may not matter.
Even if current conditions remain as they have been, the company looks no worse than fairly valued, while a recovery on its bottom line would offer attractive upside for investors.