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Mohawk Industries, Inc. (MHK) [hlAlert]

Rating:
Buy MHK
up 172.68 %

Mohawk Industries, Inc. (MHK) rated Buy

Posted on: Monday,  Jan 21, 2008  9:44 PM ET by Barrons 24 Stocks Worth Buying

Barrons 24 Stocks Worth Buying rated Buy Mohawk Industries, Inc. (NYSE: MHK) on 01/21/2008, when the stock price was $71.28.
Since then, Mohawk Industries, Inc. has gained 172.69% as of 01/22/2016's recent price of $194.37.
If you would have followed this Barrons 24 Stocks Worth Buying's recommendation on MHK, you would have gained 172.68% of your investment in 2923 days.

Mohawk Industries, Inc. (Mohawk) is a producer of floor covering products for residential and commercial applications in the United States and residential applications in Europe. The Company is a carpet and rug manufacturer and also a manufacturer, marketer and distributor of ceramic tile, natural stone and hardwood flooring in the United States. Mohawk also produces laminate flooring in the United States and Europe. The Company?s operating subsidiaries include Mohawk Carpet, LLC, Aladdin Manufacturing Corporation, Dal-Tile International Inc., Unilin Flooring BVBA and Unilin Holding Inc. The Company operates in three segments: the Mohawk segment, the Dal-Tile segment and the Unilin segment. During the year ended December 31, 2008, the Company acquired certain stone center assets in the Dal-Tile segment.

What bear market? Barrons investments pros find 24 stocks to buy in 2008, in a multitude of sectors. Included in these recommendations, Barrons recommend to BUY: DYHOL.Turkey Dogan Yayin, BISA3.Brazil, III.UK 3i Group, NFDS.UK Northern Food, FKI.UK FKI, VIV.France Vivendi, and RI.France Pernod Ricard. Also recommend to short (SELL): British Pound
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2008 4:00 PM Buy
1 year
71.28
as of 12/24/2008
1 Week up  33.18 %
1 Month up  80.41 %
3 Months up  42.48 %
1 YTD down  -28.42 %

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