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Heavy Moat Investments's avatar

I lost a good bit of money on atkore. Management doesn't know what they are doing. Bought back tons of shares at high prices and overestimated margin retention and commodity prices a lot as seen by their 18 eps target for this year vs 6 eps now. It's a commodity business, no matter what they say. The incremental benefit from the one stop shop strategy is heavily outweighed by commodity price fluctuations. Don't expect much of a rerating, it must be prices like a commodity producer.

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