Precision Castparts is a winner - Joseph Lazzaro

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Precision Castparts is a winner
Aug 14, 2009 10:30 PM UTC

Joseph Lazzaro

Return	Risk
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Symbol	Sentiment	Start	Return	Closed
PCP		08/14/09	+15.06%	11/04/09

Via BloggingStocks:

Filed under: Stocks to Buy

The major revenue driver for Precision Castparts (NYSE: PCP) is up in the air, literally. Precision is a major maker of jet engine components, and although only modest growth is expected in the sector, due to moderating demand, PCP will benefit as production ramps-up in FY2010.

Therefore, I'm reiterating my Buy rating for Precision Castparts, first recommended on April 20, 2009 at a price of $61.92. If you purchased PCP at that time, you're up a nice 35%.

Continue reading Precision Castparts is a winner

Precision Castparts is a winner originally appeared on BloggingStocks on Fri, 14 Aug 2009 17:30:00 EST. Please see our terms for use of feeds.

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