Acme United: The Past Year Worked Out Well, An Upgrade Is Warranted

CatLane Introduction It’s been over a year since I covered Acme United (NYSE:ACU), so an update is in order since the company has improved quite a bit since my “hold” rating, specifically margins, which in my opinion were the drivers of price appreciation since top-line growth was poor. In the article, I argued that there were no buy signals for the company yet but given the following quarters with improvements across the board, the company surpassed my expectations and has changed my mind, therefore, I ...