Ituran: Cash-Heavy Telematics Franchise With Room to Run
Ituran's recent cash dividend, sizeable cash balance and recurring telematics revenue make the stock a tactical long. At a roughly $1.0B market cap, the company is priced for steady cash generation rather than hypergrowth. We lay out an entry at $50.57, a stop at $46.00 and a $62.00 target over a 180 trading-day horizon, with clear catalysts and ri…