 Alpha Pro Tech NYSEMKT:APT stock is an excellent play. Not only does it benefit from demand for personal protective equipment for the novel coronavirus, but it benefits from stockpiling and the buy American sentiment. And APT stock comes with a reasonable valuation. With that in mind, I think APT stock still has room to run. Buy it now.Source: Pavel Kapysh Shutterstock.com Alpha Pro Techs headquarters are in Canada, but its manufacturing facility is located in Utah. That sounds pretty American to me. And in case APT stock is new to you, the company makes PPE like face masks, face shields and infection control suits.Not surprisingly, APT stock has soared during the pandemic. So has the companys revenue. In the first quarter, revenue jumped 47.5 year-over-year.InvestorPlace - Stock Market News, Stock Advice Trading TipsAnd had an earthquake not impacted manufacturing in Q1, revenue would have been about 300,000 higher. Thankfully, it looks like the company has solved that problem. It said in April it expects to meet all orders for masks and shields through the beginning of Q4.APT stock has soared 66 in the last three months, nearly 535 this year, and 20 in the last month. I think shares have even more left in the tank. APT Stock Benefits From Stockpiling TrendsEven after the pandemic is over, the U.S. federal government, many American states and foreign countries will likely want to buy a large amount of PPE. Why? Everyone will want to be ready for the next pandemic. When the next pandemic occurs, no government will want to be caught unprepared and suffering from PPE shortages. The U.S. government has been there before. 7 Dividend Stocks to Buy for Beginners to Income Investing Additionally, even after a vaccine is ready, some Americans may choose not to receive it. Consequently, hospitals and paramedics will likely still have to treat a small number of novel coronavirus patients through 2021 or early 2022.Given these factors, Alpha Pro Techs sales are likely to remain strong for some time. And I have more proof of that. When the company reported its Q1 results, it noted that it had taken orders for face shields and face masks that are not slated to be filled until the first half of 2021. Buy American Trend Supports Alpha Pro TechTurning to the Buy American trend, many U.S. politicians have understandably become wary of the countrys practice of importing much of its drugs, PPE and medical equipment from China. Tensions between the two nations are rapidly intensifying. And there have been cases in which China has sold dysfunctional PPE to the U.S. Because of this, it is logical for America to reduce its reliance on China for medical equipment.This issues with manufacturing go beyond China. At the start of the pandemic, the U.S. was competing with allies Germany and France for masks 3M NYSE:MMM had produced overseas. President Donald Trump and many Republican lawmakers have therefore been looking to increase domestic production of drugs and medical equipment. For example, Trump recently reached an agreement with Eastman Kodak NYSE:KODK. The government provided a loan, and now Kodak will help produce generic drugs like hydroxychloroquine.But what happens if Trump loses in November? Former Vice President Joe Biden would likely not be as intent on reducing U.S. PPE imports from China. However, Bidens own Buy American plans suggest his administration would at least push the federal government to buy more PPE from U.S. companies.Thus, no matter who wins the election, Alpha Pro Techs sales should stay meaningfully above their 2019 levels for the next several years. Valuation and the Bottom Line on APT StockA Seeking Alpha columnist recently estimated that, in an optimistic scenario, APTs 2020 earnings per share could reach 1.71. I believe that the companys EPS will drop by 20 in 2021. So its 2021 EPS could be about 1.40. Placing a price-earnings ratio of 25 times -- versus the market average of about 16 times -- on that EPS yields a forward price target of 35. That looks desirable against the current share price near 22.Larry Ramer has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israels largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been Roku, solar stocks and Snap. You can reach him on StockTwits at larryramer. As of this writing, he did not own any of the aforementioned stocks. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Americas 1 Stock Picker Reveals His Next 1,000 Winner Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company Radical New Battery Could Dismantle Oil Markets The post Buy Alpha Pro Tech Stock for Big Stockpiling and Buy American Trends appeared first on InvestorPlace. 