After buying McRae (MCRAA) for two years, I’ve seen the stock double. After such a runup, it will always be wise to re-evaluate the investment. The trip was successful for me. First and foremost, I got a basic education about the ongoing company. I am surprised at how little I know about the company!
I mainly put the most weight on the the financial claims for my investment decisions. But McRae’s primary business of selling boots has almost doubled within the last 5 years. And anyone who invests in the company now must understand what the business does. The business is no longer a straightforward balance sheet purchase enjoy it was when I purchased two years ago; the stock is so higher now. The next from the business’s website sums up its history well. McRae Industries was founded in 1959 by Branson J. McRae with the principal focus of processing high quality children’s shoes.
- 13 weeks ago from Portland, OR
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In 1966, during the height of the Vietnam War, McRae received a contract honor from the U. S. Government to manufacture military combat boots for america Army using the “direct shaped singular” design. As a result, McRae Industries’ … Read more