First Wilshire Featured in Value Investor Insight

Speaking to Value Investor Insight, First Wilshire Securities CEO and Portfolio Manager Scott Hood exemplified the firm’s intensive research process to support the investment case for Northwest Pipe Co., the country’s largest manufacturer of steel pipes for water infrastructure systems. Rather than focus on cyclical tailwinds, Scott pointed to the company’s fundamentals – a 33% increase in confirmed backlogged orders, efficient cost-cutting measures and valuation upside – to estimate a share price increase of 50% within the next three years.

FirstWilshire Value Investor Insight