Ituran Q1 Strength and Cash Pile Make a Tactical Long Worth a Look
Ituran's Q1 headlines - a $0.50 quarterly dividend, $108M cash and no bank debt - alongside solid free cash flow and improving trading momentum give the stock a tactical long setup. Valuation is reasonable for a cash-generative telematics business, but near-term momentum and an elevated RSI mean entries should be disciplined.