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Belden Cdt Inc (BDC) [hlAlert]

Rating:
Neutral BDC

Belden Cdt Inc (BDC) rated Neutral by CL King

Posted on: Thursday,  Jul 31, 2008  10:25 AM ET by CL King

Belden (BDC)
rated Neutral by CL King.

Belden Inc. (Belden), designs, manufactures and markets signal transmission solutions, including cable, connectivity and active components for applications in markets ranging from industrial automation to data centers, broadcast studios and aerospace. The Company produces and sells electronic cables, connectors and other products. It has different cable products within various cable configurations, including copper cables, including shielded and unshielded twisted pair cables, coaxial cables, stranded cables, and ribbon cables; fiber optic cables, which transmit light signals through glass or plastic fibers, and composite cable configurations, which are combinations of multiconductor, coaxial, and fiber optic cables jacketed together or otherwise joined together. In July 2008, the Company completed the acquisition of Trapeze Networks Inc.. During the year ended December 31, 2008, the Company sold its Czech cable assembly operation and a non-strategic portion of the Hirschmann business.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/29/2010 1:25 PM Buy
None
26.94 31.00
as of 12/24/2008
1 Week up  4.10 %
1 Month up  28.50 %
3 Months up  21.02 %
1 YTD down  -56.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2008 10:25 AM Hold
None
37.33

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