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

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.