TRI Stock of the Day (TITN)
May 20, 2008
Titan Machinery, Inc. (titn) owns and operates 39 full-service agricultural and construction equipment stores in North America and 2 outlet stores. Titan’s closing price was $24.88/share, 2.43% below its 52-week high. The stock has a five year earnings growth rate of 25%. The company went public on January 7th, 2008 and closed at $12.75/share on that day the stock price has nearly doubled since then and continues to trend upwards.
Titan will continue to grow over the long term. The business model is outstanding and the long term prospects are excellent.