We feel like a BUYER on the markets.
“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
PATK (ISIN: US7033431039)
Patrick Industries, Inc. (Patrick) is a manufacturer and distributor of building products and materials to the recreational vehicle (RV) and manufactured housing (MH) industries. In addition, it is a supplier to certain other industrial markets, such as kitchen cabinet, household furniture, fixtures and commercial furnishings, marine, and other industrial markets.
Average yearly return: 25%
On March 9, 2017Patrick Industries, Inc. Announces pricing of public offering of common stock Says public offering of 1.35 million common shares priced at $73.00per share