Omega Flex Stock: Buy, Sell, or Hold?
The leader in flexible steel pipes and hoses remains a wobbly investment.
Omega Flex (NASDAQ: OFLX), a leading producer of flexible metal hose and piping products, is often considered a reliable long-term investment. Its pipes are used to deliver gas fuels in residential and commercial buildings, as well as liquid fuels for automotive customers, marinas, and back-up generators. It also serves the healthcare and industrial markets.
Omega Flex was founded 50 years ago, went public 20 years ago, and currently holds more than 100 patents. Its revenue and earnings per share (EPS) grew at a compound annual growth rate (CAGR) of 9% and 19%, respectively, from 2011 to 2021.
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