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Enter Symbol:
 
Lufkin Industries, Inc. (LUFK) [hlAlert]

Rating:
Buy LUFK
up 194.52 %

Lufkin Industries, Inc. (LUFK) rated Buy with price target $77 by C.K. Cooper

Posted on: Thursday,  Mar 20, 2008  9:25 AM ET by C.K. Cooper

C.K. Cooper rated Buy Lufkin Industries, Inc. (NASDAQ: LUFK) on 03/20/2008, when the stock price was $30.05. Since
then, Lufkin Industries, Inc. has gained 194.52% as of 07/01/2013's recent price of $88.49.
If you would have followed this C.K. Cooper's recommendation on LUFK, you would have gained 194.52% of your investment in 1929 days.

Lufkin Industries, Inc., is a supplier of oil field and power transmission products. The Company is divided into two operating segments: Oil Field and Power Transmission. Through its Oil Field segment, the Company manufactures and services artificial reciprocating rod lift equipment and related products, which are used to extract crude oil and other fluids from wells. Through its Power Transmission segment, the Company manufactures and services high-speed and low-speed increasing and reducing gearboxes for industrial applications. In January 2008, the Company announced the decision to suspend its participation in the commercial trailer markets and to develop a plan to run-out existing inventories, fulfil contractual obligations and close all trailer facilities. In March 2009, the Company acquired International Lift Systems, LLC (ILS), a manufacturer of artificial lift systems serving oil and gas companies. In July 2009, the Company acquired Rotating Machinery Technology, Inc.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2008 9:25 AM Buy
None
30.05 38.50
as of 12/24/2008
1 Week up  7.26 %
1 Month down  -8.09 %
3 Months up  2.13 %
1 YTD down  -0.26 %

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