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Enter Symbol:
 
Smith (a.o.) Corporation (AOS) [hlAlert]

Rating:
Neutral AOS
up 26.35 %

Smith (a.o.) Corporation (AOS) downgraded to Neutral by Wedbush

Posted on: Thursday,  Jul 19, 2012  8:25 AM ET by Wedbush

Wedbush rated Neutral Smith (a.o.) Corporation (NYSE: AOS) on 07/19/2012. Previously Wedbush rated Outperform Smith (a.o.) Corporation (NYSE: AOS) on
06/17/2011., when the stock price was $20.17. Since then, Smith (a.o.) Corporation has gained 26.35% as of 07/19/2012's recent price of $25.49.
If you would have followed the previous Wedbush 's recommendation on AOS, you would have gained 26.35% of your investment in 398 days.

A. O. Smith Corporation is a manufacturer of water heating equipment and electric motors, serving a diverse mix of residential, commercial and industrial end markets principally in the United States. The Company's business is organized in two operating segments: Water Products and Electrical Products. The Water Products business manufactures and markets a line of residential gas and electric water heaters, standard and specialty commercial water heating equipment, copper-tube boilers and water systems tanks. The Electrical Products business manufactures and markets a line of hermetic motors, fractional horsepower alternating current (AC) and direct current (DC) motors. During the year ended December 31, 2008, 63% of the Company?s net sales were attributable to its Water Products business and 37% attributable to its Electrical Products business. In April 2009, the Company acquired Smith Investment Co.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2012 8:25 AM Hold
None
25.49
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  27.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/17/2011 9:25 AM Buy
None
20.17 24.00

(*) Stock Price at the time of the recommendation.
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