Press release from PR Newswire
LSGI Fund Manager Names Art's Way Manufacturing "Best Investment Idea" For 2012 In Dick Davis Investment Newsletter
Monday, January 09, 2012
LSGI Fund Manager Names Art's Way Manufacturing "Best Investment Idea" For 2012 In Dick Davis Investment Newsletter09:25 EST Monday, January 09, 2012Cites Record Farm Incomes, Demand for Farm EquipmentDUNCANVILLE, Texas, Jan. 9, 2012 /PRNewswire/ -- "The U.S.D.A. forecasts U.S. farmer's net income rose to a record $100.9 billion in 2011, up nearly 30 percent from 2010, reaffirming the bright spot agriculture represents in an otherwise stagnant global economy" according to Joseph R. Dancy, Adjunct Professor of Law at Southern Methodist University and manager of the LSGI Venture Fund L.P.Dancy named Art's Way Manufacturing (NASDAQ: ARTW) as their "Best Investment Idea" for 2012 for the Dick Davis Investment Newsletter. Art's Way manufactures niche farm equipment in Iowa and also custom designs, manufactures, delivers, and installs modular laboratories and research facilities. "Farm equipment sales correlates very closely with net farm income" according to Dancy, "and farm income has rocketed upward with grain prices."Due to global demand growth Dancy sees continued opportunities in the agricultural sector. Other companies Dancy finds attractive include agricultural equipment retailer Titan Machinery Inc. (NASDAQ: TITN) and specialty agricultural chemical manufacturer Balchem Corporation (NASDAQ: BCPC).The Creighton University Mainstreet Report's farm equipment index indicates sales have been expanding for 21 straight months, and Dancy notes "farm equipment is flying out of the showroom." He adds "I can't think of a better sector for long term investors at this point." Separately, in partnership with LSGI Advisors Inc., the Michigan Technological University School of Business and Economics announced last week that former Applied Portfolio Management Program student and current MBA student, Wei He, is the 2012 LSGI Mentoring Scholarship winner. Links to sector commentary, and details of the LSGI Mentoring Scholarship, are located at the firm's website www.LsgiFund.comAbout LSGI Advisors: LSGI Advisors Inc. manages the LSGI Venture Fund L.P., a Texas limited partnership. For more information please visit: http://lsgifund.com/ Contacts: LSGI Advisors Inc.Joseph Dancy, 972-780-1805214-263-5201 (cell)email@example.comSOURCE LSGI Advisors Inc.