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6 pts

Opinion on  Flowserve Corp. (FLS)     Sector: Capital Goods  >  Industry: Misc. Capital Goods
Neutral on FLS ...

Nov 27, 2007 04:50 AM GMT
Return Risk
+5.71% HIGH
Sr. Analyst

Fls as most people that follow his space know has reported strong fundementals. Its last quarter  was a considerable blow out reporting 1.10 eps up 115 and making recording holdings and so on. Besides and my most interesting point is that Institutions hold like 84% of the company which is great. I have a hold rating becaue i see it it fighting to stay above a 10 day ema and i see some negative divergence in the Macd.. so its a hold and will definitely be a buy if it holds a 90.70 for a while.

UPdate ... They are going to hold a capital goods conference with bear sterns on NOv 28 .. 7>30 where i expect some new  guidance.


FLS:  This call was made on 11/27/07 @ $90.03
Rating:   Neutral/Hold   $90.03 (11/27/07)
Gain/Loss:   +19.04% in 1644 days


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astrak   N/A     1 point   commented 663 days ago reply

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