Time to Get Greedy With Middleby Stock
Middleby (NASDAQ: MIDD) may be the best stock most investors have never heard of.
The maker of deck ovens and other kitchen equipment has seen shares soar 300% over the last five years and more than 500% over the last decade. But it has cooled off lately. Year-to-date, shares are essentially flat, falling behind the S&P 500. This has given it some time to grow into its valuation, which recently hit its lowest point in four years.
But beyond the company's valuation and track record, there are a number of reasons to consider buying shares of Middleby today. Let's take a look at the three biggest ones.
Source: Fool.com
Middleby Inc. Stock
€121.00
-1.630%
We see a rather positive sentiment for Middleby Inc. with 7 Buy predictions and 2 Sell predictions.
With a target price of 147 € there is a positive potential of 21.49% for Middleby Inc. compared to the current price of 121.0 €.
