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Precision Castparts knows that hard work pays off

 Apr 19, 2009 03:10 PM UTC
Return Risk
+1.82% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
PCP Positive 04/19/09 +36.07% 08/14/09
BA Positive 04/19/09 +5.23% 07/10/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable, global trend as a support. And with the aforementioned in mind, Precision Castparts (NYSE: PCP) is worth a review.


Just call Precision Castparts a hybrid cyclical/defensive. The company is a large manufacturer of forged components for the power generation market, and in case one hasn't noticed, upgrades and expansion of power generation facilities should benefit from the Obama administration's initiatives to renovate the nation's electric grid, among other energy projects. Demand for industrial gas turbine parts should remain more than adequate.

Continue reading Precision Castparts knows that hard work pays off

Precision Castparts knows that hard work pays off originally appeared on BloggingStocks on Sun, 19 Apr 2009 10:10:00 EST. Please see our terms for use of feeds.

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