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NPK - National Presto Industries Is A Coronavirus Winner But A Bit Expensive
January, 24 2021 12:50 PM
National Presto Industries Inc.
The company has experienced declining sales for a decade. The coronavirus pandemic has changed this trend, and sales should recover part of the loss in the coming years. The dividend is very safe as the company has no debt, but it is highly variable. The company is a buy and hold, but looks a bit overvalued from a dividend perspective. Averaging down is also an option. For further details see:
National Presto Industries Is A Coronavirus Winner, But A Bit Expensive
Stock Information
Company Name:
National Presto Industries Inc.
Stock Symbol:
NPK
Market:
NYSE
Website:
gopresto.com
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