A debt free small cap opportunity.Not unlike the Caldwell Partners, Pioneering Technologies exhibits many of the traits that we look for in a small cap investment: little or no debt, significant management ownership, a solid cash position, and the potential for outsized returns. Despite the fact that Pioneering endured the double whammy of COVID and tariff increases, the company actually had
better net income
and cash flow than both 2018 and 2019. While they aren’t quite out of the woods, Pioneering has some life in it yet. For the full article, see the link (below).
Pioneering Technologies – there’s still some spark left.