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Enter Symbol:
 
Macquarie Infrastructure Company Trust (MIC) [hlAlert]

Rating:
Buy MIC
up 275.08 %

Macquarie Infrastructure Company Trust (MIC) rated Buy with price target $35 by Argus

Posted on: Thursday,  Aug 28, 2008  9:25 AM ET by Argus

Argus rated Buy Macquarie Infrastructure Company Trust (NYSE: MIC) on 08/28/2008, when the stock price was $20.63. Since
then, Macquarie Infrastructure Company Trust has gained 275.08% as of 01/21/2016's recent price of $77.38.
If you would have followed this Argus's recommendation on MIC, you would have gained 275.08% of your investment in 2702 days.

Macquarie owns, operate and invests in a diversified group of infrastructure businesses, which provide basic, everyday services, in the United States and other developed countries. Its initial businesses and investments consist of an airport services business (Atlantic and AvPorts), an airport parking business (PCAA and Avistar) and a district energy business (Thermal Chicago and Northwind Aladdin), a UK regulated water utility and in Macquarie Communications Infrastructure Group.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/28/2008 9:25 AM Buy
None
20.63 35.00
as of 12/24/2008
1 Week down  -16.84 %
1 Month up  92.68 %
3 Months down  -43.43 %
1 YTD down  -88.51 %

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