Smith-Midland Rental Business Is Impressive, And Price Is Fair Even If Not Opportunistic

Group 1 - The company reported strong revenue growth primarily driven by the rental of highway barriers [1] - The rental business exhibits significantly higher gross margins compared to other operations [1] - Impressive operating cost leverage was noted within the rental business [1] Group 2 - The investment approach focuses on operational aspects and long-term earnings potential rather than market-driven dynamics [1] - The strategy emphasizes holding companies for the long term, with a preference for a small fraction of companies being classified as a buy [1] - Hold articles are intended to provide valuable information for future investors and introduce skepticism in a bullish market [1]