Once valued as a promising growth company, Econocom Group tumbled 65% after a year of disappointing results. Now, the company is completing its turnaround and is back on the growth track. However, this went unnoticed by most investors, as you can still pick up the stock on the cheap.
Image source: google finance, econocom group
History of Econocom Group
Founded in 1974 by Jean-Louis Bouchard (remember the name!), the company became the leading distributor of IT systems in the Benelux (Belgium, the Netherlands and Luxemburg) after 20 years. In the year 2000, the group diversifies