SomeoneUnreadable

ACU being a solid HOLD/ACCUMULATE

Long
Acme (AMEX:ACU)  
AMEX:ACU   Acme
Based on the solidity of this chart, I believe ACU should be presented as a strong ACCUMULATE and HOLD. During the sell-off months of the pandemic in 2020, ACU shaved off a mere 17%, and quickly recovered - ultimately resulting in a doubling. As a seemingly recession proof stock, I am a firm believer that with re-opening being at the forefront of media and stock channels alike that we will not only see a steady hold at these current levels, but a stepping stone into the 50's and 60's. With a very hefty dividend yield it adds just another reason why ACU should be included in a long term portfolio or anyone looking to gain supplemental income with dividend paymets.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.