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VOXX - VOXX: This Electronics Manufacturer Has 50% Upside Limited Risk
VOXX International Corporation
As it has been some time since my last article on SeekingAlpha, I believe it is time to give an update on the net-net investing space. My latest pick is Voxx International (VOXX), which is a classic Ben Graham net-net stock trading at 2/3rds of net current assets. Net-net, NCAV, or cigar-butt investing is a (mostly) quantitative investment strategy that consists, at its heart, of buying companies at a steep discount to their liquidation value.
"It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group