Middleby Gains From Product Innovations & Buyouts, Risks Persist

The Middleby Corporation (MIDD) is poised to benefit from its focus on launching new products and upgrading existing ones per the industry trend. As for innovation, over the past year, the company introduced several products including MP Equipment, Blodgett ImVection, PIZZABOT and others. It is also gaining market share in new and large product categories, including beverage and ice. The company remains focused on acquiring businesses to gain new customers and access new regions and product lines. In Februa ...