NN, Inc.: The Tariff Beneficiary Poster Child
Portfolio Pulse from
NN, Inc. is undergoing a successful turnaround under new CEO Harold Bevis, with cost cuts, improved margins, and new business wins. Despite high leverage and historical losses, positive free cash flow and potential refinancing offer optimism. New tariffs on Mexico, China, and/or Canada could further accelerate the turnaround.
January 27, 2025 | 3:30 am
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POSITIVE IMPACT
NN, Inc. is experiencing a successful turnaround with cost cuts and new business wins under CEO Harold Bevis. Positive free cash flow and potential refinancing at lower rates are optimistic signs. New tariffs could further accelerate the turnaround.
The new CEO's actions have already improved NN, Inc.'s financials, and the potential for new tariffs could further enhance their competitive position, making the stock likely to rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100