AMREP Corporation (AXR): A Bull Case Theory

We came across a bullish thesis on AMREP Corporation (AXR) on Leahi Capital’s Substack by Leahi Capital. In this article, we will summarize the bulls’ thesis on AXR. AXR Technologies, Inc.'s share was trading at $30.30 as of Sept 24th. AXR’s trailing P/E Was 17.22 according to Yahoo Finance.

[caption id="attachment_1226470" align="aligncenter" width="768"] Aerial view of a commercial real estate development in progress, showcasing the company's mastery of the sector.[/caption]

AMREP is a land development and homebuilding company that mainly operates in Rio Rancho, New Mexico,...