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Stock impact report

Argan: We Need To Be Realistic Here And Wait For A Pullback [Seeking Alpha]

Argan, Inc. (AGX) 
NASDAQ:AMEX Investor Relations: arganinc.com/investor-center
Company Research Source: Seeking Alpha
AGX benefits from surging US power demand and a record $3 billion backlog, mostly gas power projects. Financials are robust—revenue, net income, and EBITDA all rising, no debt, and $727 million in cash—but current valuation is historically excessive. I view AGX as fundamentally strong but significantly overvalued, requiring a major pullback before considering a new position. Monty Rakusen/DigitalVision via Getty Images AGX: three units, one core business Argan, Inc. ( AGX ) is a 70-year-old US engineering company based in Virginia. Like most entities, AGX has several business units, but, as often, these units are not equally important for the company's This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other t Show less Read more
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