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Enter Symbol:
Baldor Electric Company (BEZ) [hlAlert]

up 152.38 %

Baldor Electric Company (BEZ) rated Buy with price target $21 by Canaccord Adams

Posted on: Tuesday,  Jan 20, 2009  11:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Baldor Electric Company (NYSE: BEZ) on 01/20/2009. Previously Canaccord Adams rated Buy Baldor Electric Company (NYSE: BEZ) on
10/03/2008., when the stock price was $25.16. Since then, Baldor Electric Company has gained 152.38% as of 01/27/2011's recent price of $63.50.
If you would have followed the previous Canaccord Adams's recommendation on BEZ, you would have gained 152.38% of your investment in 846 days.

Baldor Electric Company (Baldor) is a marketer, designer, and manufacturer of industrial electric motors, mechanical power transmission products, drives, and generators, supplying over 9,500 customers in more than 160 industries. The Company?s products are sold to original equipment manufacturers (OEMs) and distributors serving markets in the United States and worldwide. Its products are marketed throughout the United States and in more than 70 foreign countries. On August 29, 2008, Baldor acquired Poulies Maska, Inc. (Maska) of Ste-Claire, Quebec, Canada. Maska is a designer, manufacturer and marketer of sheaves, bushings, couplings and related mechanical power transmission components.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2009 11:25 AM Buy
15.86 21.00
as of 12/31/2009
1 Week up  119.87 %
1 Month up  146.60 %
3 Months up  132.26 %
1 YTD up  255.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2008 8:25 AM Buy
25.16 30.00

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