Alta Equipment Group Inc. (ALTG): A Bull Case Theory

We came across a bullish thesis on Alta Equipment Group Inc. (ALTG) on Twitter by northeasternsvf. In this article, we will summarize the bulls’ thesis on ALTG. Alta Equipment Group Inc. (ALTG)'s share was trading at $7.97 as of Nov 13^th. ALTG’s trailing and forward P/E were 69.50 and 222.22 respectively according to Yahoo Finance.

[caption id="attachment_1197222" align="aligncenter" width="768"] A construction crew working in the field with earthmoving equipment illuminated by a setting sun.[/caption]

Alta Equipment, a leading heavy-equipment distributor with 85 dealerships...