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Posted by
Two Blokes Jun 6 -
Filed in
Stock
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10 views
Argan is enjoying strong fundamental momentum, with record order book growth and robust results driven by power sector tailwinds. AGX's valuation is stretched, with a forward PE ratio far above sector and historical averages, leaving little margin for error. The company's lack of a true economic moat makes its extraordinary growth unsustainable, as rising competition will likely erode margins and returns over time.
