Investor Buys More Shares of Toolmaker Stock After Recent Decline Despite Lack of Bad News
- We're buying more shares of a turnaround toolmaker stock after a big decline this week
- The stock sold off last week despite no company-specific news
- We see the sell-off as unwarranted and a buying opportunity
- The company is making progress on its turnaround plan
- We believe the stock has significant upside from current levels