By Steve Moore | Thursday 13 August 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on “leading direct marketer of promotional products in North America, the UK and Ireland”, 4imprint (FOUR), in April with the shares towards 1900p I concluded including with even it considering “it is still too early to assess the duration and full economic impact resulting from COVID-19” - I suggest the valuation more than high enough for now. The shares have since reached around 2600p but are falling back today on the back of half-year results…