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General Cable Corporation (BGC) [hlAlert]

Rating:
Buy BGC
down 57.49 %

General Cable Corporation (BGC) upgraded to Buy by Sidoti

Posted on: Tuesday,  Apr 23, 2013  11:25 AM ET by Sidoti

Sidoti rated Buy General Cable Corporation (NYSE: BGC) on 04/23/2013, when the stock price was $33.34. Since
then, General Cable Corporation has lost 57.50% as of 12/24/2015's recent price of $14.17.
If you would have followed this Sidoti's recommendation on BGC, you would have lost 57.49% of your investment in 975 days.

General Cable Corporation is engaged in developing, designing, manufacturing, marketing, distributing and installing copper, aluminum and fiber optic wire and cable products. The Company operates in three segments based on geographic regions: North America, which primarily consists of operations in the United States and Canada; Europe and North Africa, and Rest of World (ROW), which consists of operations in Latin America, Sub-Saharan Africa, Middle East and Asia Pacific. The products of the Company include electric utility products, electrical infrastructure products, construction products, communication products and rod mill products. On May 21, 2008, the Company entered a joint venture for majority ownership of E.P.E / EN.I.CA.BISKRA/SPA (Enica Biskra). In August 2009, it acquired Gepco International, Inc. and Isotec, Inc. (collectively, Gepco). Gepco is a manufacturer and provider of cabling solutions for the professional broadcast and entertainment markets.

Sidoti
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2013 11:25 AM Buy
None
33.34
as of 12/13/2013
1 Week up  0.48 %
1 Month down  -0.13 %
3 Months down  -8.83 %
1 YTD down  -13.67 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2012 12:25 PM Hold
None
29.96

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