Medina International Holdings is a developing company that is focused on designing, manufacturing, and selling boats for the US market. Its boats are designed for private, state, local, federal agencies and military use.
The company’s boats offer superior power, safety, handling and stability and rank among the best boats in the market. Their patented hull designs make the boats safer and more stable than its competitors. The boats can also be custom designed for a variety of uses such as fire, search and rescue, security patrol, military, ambulatory care and more.
The U.S. boat building industry is large and growing. Last year nearly 73 million Americans, or 1/3 of American adults, participated in boating activities and according to MarineMarketingNews.com, global demand for recreational boats is expected to grow 7% annually through 2011.
The increasing awareness and demand for Medina’s boats could greatly increase future revenues and earnings. The research bureau closed its research report with a Speculative Buy rating and a $0.94 price target.
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