Savvy Trades and Investments

[maxluke1]

ARTW - same, hold a position. While the overall backlog was down due to the completion of a large project in the modular building segment, their ag division is looking promising. From what I can tell, this really drives their GM% too.

From recent 10Q:

"The agricultural products segment order backlog was $5,456,000 as of April 5, 2021 compared to $2,699,000 in fiscal 2020." While we did report an 18.5% increase in sales in fiscal Q1 of 2021 we are still carrying a backlog that is twice the size of last year’s backlog. The increase is due to increased farmer spending as a result of financial assistance received under coronavirus relief packages."

Who knows though, they've serially disappointed over the years, just my opinion.