TMRAY - Tomra: Some Reversal Some Upside

2024-05-10 01:31:17 ET

Summary

• I consider myself a successful investor in Tomra Systems, with significant growth and profit in their position.
• Tomra is a world-leading recycler with potential for further revenue growth in sensor-based collection and recycling.
• The company's long-term potential and position in attractive regulatory frameworks make it an attractive investment, despite concerns about its valuation.

Dear readers/followers,

I will go ahead and call myself/name myself a successful investor in Tomra Systems ( OTCPK:TMRAY ) ( OTCPK:TMRAF ). For the past year or so, I have been covering the business, initially with a "HOLD" rating only to move to a "BUY" as of fall of 2023 when I myself started purchasing. I increased my pace of purchasing when the company fell to double digits, which has resulted in my Tomra position seeing significant growth, expansion, and profit.

My latest article on TMRAY is one you can find here , and it's from about 4 months back. The company is up around 20%, which is double the S&P500 since that time, making this a successful overall investment....

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