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

Rating:
Neutral AOS
up 5.45 %

Smith (a.o.) Corporation (AOS) upgraded to Neutral with price target $33 by Robert W. Baird

Posted on: Monday,  May 12, 2008  9:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Smith (a.o.) Corporation (NYSE: AOS) on 05/12/2008. Previously Robert W. Baird rated Underperform Smith (a.o.) Corporation (NYSE: AOS)
on 12/19/2007., when the stock price was $12.09. Since then, Smith (a.o.) Corporation has lost 5.17% as of 05/12/2008's recent price of $11.46.
If you would have followed the previous Robert W. Baird's recommendation on AOS, you would have gained 5.45% of your investment in 145 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2008 9:25 AM Hold
None
11.46 11.22
as of 12/24/2008
1 Week up  6.65 %
1 Month up  27.03 %
3 Months up  6.80 %
1 YTD down  -6.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2007 8:25 AM Sell
None
12.09 11.90
9/19/2007 9:25 AM Sell
None
15.98 12.58

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