Alto Ingredients, Inc. (ALTO): A Bull Case Theory

We came across a bullish thesis on Alto Ingredients, Inc. (NASDAQ:ALTO) on the ValueInvesting subreddit page by beezer9717. In this article, we will summarize the bull's thesis on ALTO. ALTO shares were trading at $1.71 as of Oct 16^th. ALTO’s forward P/E is 5 times, according to Yahoo Finance.

[caption id="attachment_1214629" align="aligncenter" width="768"] Farmers harvesting corn in a field, reminding us of the importance of the company's ethanol production.[/caption]

Alto Ingredients (NASDAQ:ALTO) is a producer of specialty alcohols and essential ingredients. It operates a...