Raven Industries Splits 2-for-1

I’ve called Raven Industries ($RAVN) “the best stock you’ve never heard of.” Here’s a description from Hoovers:

Quoth the Raven, “Balloons (and more) evermore!” Raven Industries’ Aerostar division does sell high-altitude, research balloons, as well as parachutes and protective wear used by US agencies. Its Engineered Films Division makes reinforced plastic sheeting for various applications. The Applied Technology Division manufactures high-tech agricultural aids, from global positioning system (GPS)-based steering devices and chemical spray equipment to field computers. The Electronic Systems Division offers electronic manufacturing services and supports the other divisions. Goodrich is a major customer.

Not too sexy, is it? But consider that the stock is up more than 23,000% in the last 30 years (not including dividends) and that Raven is nearly completely ignored by Wall Street.

Posted by on July 26th, 2012 at 10:39 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

Tickers: