Titan Machinery Troubles: A Rating Change And The Path Forward (Downgrade)
TITNTitan Machinery(TITN) Seeking Alpha·2024-08-28 05:01
Jason Hosking/DigitalVision via Getty Images Thesis Since my write-up of Titan Machinery Inc. (NASDAQ:TITN) in July 2023 (“Titan Machinery: A Colossus Mispriced In The Agri-Construction Realm”), it’s been one of my worst (long-term without update) “Buy” calls to date, with a -54% change versus the S&P 500’s (SP500) 25% return during the same period.   Grassroots Trading TITN "buy-call" performance (Seeking Alpha) At the time of my analysis, all the stars appeared to line up, from great earnings to data  ...