Is Argan, Inc. (AGX) A Good Stock To Buy Now?

Is AGX a good stock to buy? We came across a bullish thesis on Argan, Inc. on Draco’s Substack by Derek Yin. In this article, we will summarize the bulls’ thesis on AGX. Argan, Inc.’s share was trading at $ 597.88 as of April 17th. AGX’s trailing P/E was 61.38 according to Yahoo Finance.

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Argan Inc. (AGX) is an engineering, procurement, and construction firm delivering gas-fired power plants under a lump-sum turnkey model that is increasingly...