We believe that shares of Lakeland Industries Inc. (NASDAQ:LAKE), one our past picks and subject of due diligence could be mispriced and potentially undervalued by 40%. On May 19, 2015 we alerted premium members that we took a small speculative position in the company’s shares based on fiscal Q 4 (January 31, 2015) operating results and management’s decision to exit Brazil. What follows is our near term bullish thesis on the company, which includes Q4 2015 conference call highlights. We think shares could reach $14.40 in the near term.
See our full in depth analysis on by we are bullish on LAKE, as well as our valuation rationale.
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