Oshkosh Looks Cheap on Cash Flow and Defense Tailwinds — Upgrade to Long Trade
Oshkosh (OSK) appears undervalued relative to its cash generation and defense exposure. With an enterprise value near $10.1B, free cash flow of $754.8M and a P/E in the mid-teens, the risk/reward favors a long position. We outline an actionable trade with entry, stop and target while flagging the operational and macro risks that could derail the se…