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Benzinga
Benzinga
Business
AJ Fabino

Going Once, Going Twice, Massive Return! Analyst Sees Double Digit Upside For This Auction House

While Ritchie Bros Auctioneers Inc (NYSE:RBA) is not a large cap stock, it has seen 39.6% gains in the past six months and has extremely strong support along the $50 levels.

RBA is an asset management and disposition company, largely for industrial equipment and durable assets. Headquartered in Vancouver, British Columbia, Canada, RBA is a B2B and B2C which helps customers buy and sell a wide range of used and unused equipment for construction, mining, transportation, energy and multiple other industries.

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