Buy the Pullback in Columbus McKinnon After a Robust Q1 Reaction
Columbus McKinnon (CMCO) surged on news-flow around a surprisingly strong fiscal Q1, sending the stock well above its recent lows. After a sharp intraday pullback to $19.14, the name now offers a defined entry with a clear stop and a target near the 52-week high. Fundamentals are mixed - solid liquidity and a 2.39% yield offset negative EPS, stretc…