Douglas Dynamics: I Should Have Upgraded This Play Sooner

2026-03-10 01:13:57 ET

To be honest with you, I am absolutely shocked at how strong share price performance has been for Douglas Dynamics ( PLOW ) since I called the company a ‘hold’ in November of last year. At that time, I decided to revisit the company. My hope was that the surge in revenue would have justified a bullish assessment. Inclement weather that plays in well to its business model certainly offers the opportunity if you're outside. But because of how mixed financial performance was, I believed it was premature to upgrade the stock. Since that time, shares have roared higher. They are up 43.7% since then, easily surpassing the 2.3% tick higher that the S&P 500 saw. This comes off the back of rapid revenue growth and an improvement on the company's bottom line. What's more, management anticipates even further expansion in 2026....

Read the full article on Seeking Alpha

For further details see: