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Stock impact report

Is NN, Inc. (NNBR) Among the Best Conglomerate Stock to Buy Now? [Yahoo! Finance]

NN, Inc. (NNBR) 
Last nn, inc. earnings: 3/12 07:25 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nninc.com
Company Research Source: Yahoo! Finance
What are conglomerate stocks? These stocks are the ones that have their ownerships in diverse businesses, spanning different sectors like finance, energy, technology, healthcare, etc. To be precise, a conglomerate is a business model where many companies are collected into a single large corporation that is owned by the parent company. A conglomerate can consist of many businesses in the same industry or from different industries to diversify business and navigate risks. Some conglomerates tend to own a series of companies that make up the entire labor and supply chain for a single end product. In a conglomerate, a parent company has the controlling stakes of all the smaller and unrelated businesses that operate independently. At times, conglomeration gets enacted by holding companies specializing in M&As. These companies are formed specifically to acquire smaller companies and collect business interests. Investing in Conglomerate Stocks There are several benefits of investin Show less Read more
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