CompX International: Sales Drop In 2024 Could Create Buying Opportunities

retouchman/iStock via Getty Images I am placing a HOLD rating on CompX International Inc. (NYSE:CIX) because I believe that CIX's share price is likely to fall in 2024 due to the conclusion of a pilot project related to the company selling security products to the United States Postal Service as well as a continued downward trend in its marine component sales. While CIX has proven itself to be a well run business which should continue to prosper on a long-term horizon, a decrease in CIX's sales figures shou ...