By Mill Chart
Last update: May 9, 2024
Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if APPLIED INDUSTRIAL TECH INC (NYSE:AIT) is suited for quality investing. Investors should of course do their own research, but we spotted APPLIED INDUSTRIAL TECH INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
Taking everything into account, AIT scores 6 out of 10 in our fundamental rating. AIT was compared to 51 industry peers in the Trading Companies & Distributors industry. AIT gets an excellent profitability rating and is at the same time showing great financial health properties. AIT has a decent growth rate and is not valued too expensively.
Check the latest full fundamental report of AIT for a complete fundamental analysis.
More quality stocks can be found in our Caviar Cruise screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
APPLIED INDUSTRIAL TECH INC
NYSE:AIT (5/17/2024, 7:04:00 PM)
After market: 196.99 0 (0%)196.99
+0.13 (+0.07%)
Analyzing the Quality Characteristics of APPLIED INDUSTRIAL TECH INC (NYSE:AIT).
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