Lakeland Industries, Inc. – $LAKE – Confident Investor Rating: Poor

Company name Lakeland Industries, Inc.
Stock ticker LAKE
Live stock price [stckqut]LAKE[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance:

Lakeland Industries, Inc. (Lakeland) manufactures and sells a line of safety garments and accessories for the industrial protective clothing market. The Company’s products are sold to 1,000 safety and mill supply distributors in the United States. These distributors in turn supply end user industrial customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries and high technology electronics manufacturers, as well as scientific and medical laboratories. In addition, the Company supplies federal, state and local governmental agencies and departments, such as fire and police departments, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. As I have been repeating for the past couple weeks on this site, it is not possible to confidently invest in a company that is not currently profitable.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.