Sell: Atkore International Group Inc. (ATKR)
From Upside
Updated from Wall Street’s Best Investments 811, November 14, 2018
Atkore International is being dropped from coverage because of its deteriorating profit outlook, reflecting a mixed construction environment. The company posted uneven March-quarter results partly because of unfavorable prices for steel and resin. Atkore has seen profit estimates for 2020 and 2021 tumble, dropping its Earnings Estimate score to 23.
Richard J. Moroney, CFA, Upside, upsidestocks.com, 800-233-5922, June 1, 2020