In a market where many equities sport rich valuations, finding a steadily profitable firm that is either undervalued or close to fair value is becoming more and more difficult. However, I believe that Ennis, Inc. (EBF) is such a firm.
Founded in 1909, Ennis is a Texas-based provider of print products for wholesalers. That fact alone may put investors off as our world becomes more digital, but Ennis is able to sell its envelopes, forms, integrated products, jumbo rolls, labels, laser cut sheets, presentation folders, snap sets and tags because the bulk of