Investment Thesis
Lydall Inc. (LDL) is an attractive company at current levels. LDL provides filtration and insulation products to the automotive industry. It has a Forward P/E of only 9.14 and on top of this has a healthy liquidity and financial position. The firm is also growing at a rapid rate through expansion geographically, new product development and M&A activity. This company is worth looking at for any value investor, with at least 50% upside expected over the next 18 months.
Catalysts
M&A
LDL has seen growth through its M&A strategy. LDL reported