2024-03-14 00:09:11 ET
Summary
- Kadant has experienced significant share price growth over the past year, five years, and a decade.
- That growth should continue after a lull in 2024, as it digests new acquisitions.
- KAI has a solid growth strategy, including acquisitions, international expansion, and a focus on parts and consumables sales.
Thesis
The engineering and technology company Kadant Inc. ( KAI ) has a share price that's up 52.49% in the past year, 284.75% in the past five years, and 770.68% in the past decade:
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Kadant: More Growth On The Horizon After Digesting Acquisition Costs