Q: what do you think about the potential of this company and do you know why the big price drop today?
5i Research Answer:
BRM had a strong move up in 2024, up over 200%, and currently it is near an all-time high. The drop seems to be mostly market-related and not due to any company-specific news that we can see, although, the price has since recovered. It is a small company at $53M and sales and earnings growth have both been quite strong. It can be cyclical, but its systems are utilized across different industries like agriculture, landfills, wastewater treatment plants, food and beverage, and more. We like the stock's momentum, and its fundamentals are quite good. We would be OK with a position in this name, while considering its small cap risks and high volatility levels.