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Enter Symbol:
 
Valmont Industries, Inc. (VMI) [hlAlert]

Rating:
Buy VMI
up 3.82 %

Valmont Industries, Inc. (VMI) rated Buy with price target $109 by Sterne Agee

Posted on: Friday,  Jul 18, 2008  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy Valmont Industries, Inc. (NYSE: VMI) on 07/18/2008, when the stock price was $101.25. Since
then, Valmont Industries, Inc. has gained 3.82% as of 01/27/2016's recent price of $105.12.
If you would have followed this Sterne Agee's recommendation on VMI, you would have gained 3.82% of your investment in 2749 days.

Valmont Industries, Inc. is a global producer of fabricated metal products and a producer of metal and concrete pole and tower structures in the engineered support structures and utilities support structures businesses, and are a global producer of mechanized irrigation systems in the irrigation business. The Company also provide metal coating services, including galvanizing, painting and anodizing in the coatings business. The pole and tower structures support outdoor lighting and traffic control fixtures, electrical transmission lines and related power distribution equipment, wireless communications equipment and highway signs. The mechanized irrigation equipment delivers water, chemical fertilizers and pesticides to agricultural crops. The Company operates in four business segments: engineered support structures, utility support structures, coatings and irrigation. In November 2008, the Company completed the acquisition of Stainton Metal Company Limited.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2008 9:25 AM Buy
None
101.25 109.00
as of 12/24/2008
1 Week down  -3.83 %
1 Month up  20.49 %
3 Months up  25.80 %
1 YTD down  -38.56 %

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