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Stock impact report

Patrick Industries: Don't Bet Against Best In Class Management [Seeking Alpha]

Patrick Industries, Inc. (PATK) 
Last patrick industries, inc. earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Summary There are few companies that have performed as well as Patrick Industries (NASDAQ: PATK ) has, coming out of the recession, and that strength seems set to continue. CEO Todd Cleveland may be one of the least appreciated executive leaders in the industrials space, and the company does deserve more visibility among investors. Thrown into the top position in 2009 during the worst year in the company's history, this management team has turned a $5M microcap company into a billion dollar enterprise, all while keeping shareholder interests at heart (acquisitions funded by debt, not by equity dilution). Past performance is no guarantee of future strength, but Patrick Industries remains relatively cheap compared to other roll-up companies with excellent reputations (e.g., Danaher Corporation (NYSE: DHR )). Business Overview, Market Trends Patrick Industries is a component products manufacturer of building products and materials, primarily serving the recreational vehicle Show less Read more
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