Purchase Details

Company: Oshkosh
Yahoo Beta:1.36
Industry:Farm & heavy construction machinery

Company Description:  Oshkosh Corporation is a leading manufacturer, marketer, and innovator of access equipment, specialty vehicles, and truck bodies. Oshkosh operates in several markets including access equipment, defense, fire & emergency, refuse hauling, and concrete placement.

Purchase Date:20 Apr 2022
Purchase Price:$100.40
  --Split Adjusted:$100.40
Shares Purchased:60
  --Split Adjusted:160
Transaction Fee:$0.00
Price Range (6 Months Prior):    
Date18 Jan 2022
Date08 Apr 2022
S&P (Purchase Date):$4,459.45

Timing:  We bought below the midpoint of the six month range.
Reason:  1. Diversified Business Model: Oshkosh designs and manufactures its product offerings in several sectors, including defense, fire & emergency, commercial, and access equipment 2. Experienced Management Team: Oshkosh’s management and board have a wide range of experience relevant to the company’s operations 3. Market Trends: Increased investment in defense and infrastructure both domestically and internationally play to Oshkosh’s historical strengths 4. Well-Defined Growth Strategy: The company balances innovation in electrification and autonomous vehicles, extended product service, and strategic acquisitions to position itself for future growth 5. Strong Financial Performance: Oshkosh boasts an excellent financial profile which includes strong turnover ratios, low debt levels, and an industry-leading ROA 6. Attractive Valuation: Oshkosh is currently undervalued in the market given the company’s strong financial metrics, positive exposure to macroeconomic trends, and strong business relationships; the market appears to be overreacting to supply chain challenges

Total Spent:   $6,024.00