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Argan, Inc. (AGX): A Bull Case Theory

We came across a bullish thesis on Argan, Inc. on Pound the Rock Investing’s Substack. In this article, we will summarize the bulls’ thesis on AGX. Argan, Inc.'s share was trading at $228.22 as of August 29th. AGX’s trailing P/E was 31.83 according to Yahoo Finance.

[caption id="attachment_573893" align="aligncenter" width="750"] Sophie McAulay/Shutterstock.com[/caption]

Argan is a specialized holding company with four operating subsidiaries, led by Gemma Power Systems, which focuses on engineering, procurement, and construction (EPC) of natural gas-fired power plants and...