Thursday, June 1, 2017

Sypris Solutions: The Vehicle To Play The Trump Card


Sypris Solutions is in the three industries that will benefit from Trump's agenda: defense, O&G and trucks.
Management is fulfilling its cost reduction promises and increasing revenues.
The stock is currently trading at an EV/EBITDA of 3.1x and P/B of 1.2x, compared to the industry average of 12.6x-13.0x and 3.1x-4.0x respectively.
If you believe Trump will remain president and will be able to push his agenda, Sypris would be a high beta way to bet on that.
Based on a conservative DCF, I recommend buying the stock with a target price of $2.50/share.

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