National Presto Rallies 30% in 6 Months: Should You Buy the Stock?

National Presto Industries, Inc. (NPK) shares have gained 29.6% in the past six months compared with the industry’s 8% growth. The company has outperformed other industry players, including Swire Pacific Limited (SWRAY) and Honeywell International Inc. (HON) . Shares of SWRAY and HON have gained 17.1% and 10.8%, respectively, in the same time frame. Strong defense contract wins, a $1.4 billion backlog, strategic facility investments, and solid liquidity provide powerful tailwinds driving National Presto’s g ...