NACCO Industries, Inc. (NC): A Bull Case Theory

We came across a bullish thesis on NACCO Industries, Inc. (NC) on Substack by scalpavelli. In this article, we will summarize the bulls’ thesis on NC. NACCO Industries, Inc. (NC)'s share was trading at $32.11 as of March 3^rd. NC’s trailing P/E was 3.75 according to Yahoo Finance.

[caption id="attachment_1223404" align="aligncenter" width="768"] An aerial view of an open cut coal mine, showing the vastness of the company's mining operations.[/caption]

Nacco Industries presents a compelling investment opportunity, embodying the type of mispriced small-cap stock that Nat Stewart...