Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near
MHKMohawk(MHK) Seeking Alpha·2024-07-24 00:34
JazzIRT/E+ via Getty Images A little over a year ago, in May of 2023, I wrote an article that took a neutral stance on Mohawk Industries (NYSE:MHK). For those not familiar with the company, it operates in the commercial and residential markets, providing products like flooring, carpets, rugs, ceramic tiles, and more. Even though I have found some companies in this market that have been appealing from a valuation perspective, this is a difficult space to be in right now. At that time, I acknowledged that ...