Published on 17 Oct 2024 on Insider Monkey · via Yahoo Finance
We came across a bullish thesis on Alto Ingredients, Inc. (NASDAQ:ALTO) on the ValueInvesting subreddit page by beezer9717. In this article, we will summarize the bull's thesis on ALTO. ALTO shares were trading at $1.71 as of Oct 16th. ALTO’s forward P/E is 5 times, according to Yahoo Finance.
Farmers harvesting corn in a field, reminding us of the importance of the company's ethanol production.