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Both of these companies keep showing up in my screeners and I thought I should get some feedback before I buy it heavily.
**The first is** [**Envela Corporation.**](https://finviz.com/quote.ashx?t=ELA&ty=c&ta=1&p=d)Their business incorporates two segments, with the first being that they own and operate a few chains of retailers that buy and sell second hand gold and silver bullion, jewelry, and luxury watches primarily in Texas but also Arizona and South Carolina. The second and smaller segment of their business revolves around reselling and recycling enterprise computer equipment. They point out that the re-commerce business for the industries that they serve is growing faster than the business of selling brand new jewelry, watches and computers.
The company has good revenue growth, solid margins, low debt, and high ROIC. They've had a big jump recently after they beat earnings by a wide margin. I see them benefitting from the continued interest in buying second hand luxury goods, the high price of gold and silver encouraging people to buy bullion and sell jewelry, as well as businesses seeming to cut costs when upgrading their computers with high ram prices being a continual problem.
**The second is** [**Tecnoglass**](https://finviz.com/quote.ashx?t=TGLS&p=d) a Colombian vertically integrated manufacturer of architectural windows for commercial and multifamily buildings but is moving into SFH as well. 90% of their customer base is in the United States, and they are targeting the American sun belt and east coast for their fast growing business targeting SFHs. They manufacture low emissivity, insulated, tempered, and laminated glass to prioritize either energy efficiency, impact/storm resistance, or both. With the constant threat of storms, increasing electricity prices, and popular support for increased homebuilding, I could see this company doing very well. Their margins and ROIC are excellent they have low debt, and a low P/E ratio. They were hit because of tariffs, slower homebuilding, and higher than expected aluminum prices, but these should all be transitory and they still benefit from a weak Colombian Peso, higher energy costs in hot areas, and homeowners insurance encouraging customers to choose impact resistant glass in hurricane prone areas.
For those that got this far, thank you for reading my DD! I also appreciate any feedback!