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Enter Symbol:
 
General Cable Corporation (BGC) [hlAlert]

Rating:
Accumulate
BGC
down 57.52 %

General Cable Corporation (BGC) rated Accumulate by CL King

Posted on: Friday,  May 1, 2009  12:25 PM ET by CL King

CL King rated Accumulate General Cable Corporation (NYSE: BGC) on 05/01/2009, when the stock price was $33.36. Since
then, General Cable Corporation has lost 57.52% as of 12/24/2015's recent price of $14.17.
If you would have followed this CL King's recommendation on BGC, you would have lost 57.52% of your investment in 2428 days.

General Cable Corporation is engaged in developing, designing, manufacturing, marketing, distributing and installing copper, aluminum and fiber optic wire and cable products. The Company operates in three segments based on geographic regions: North America, which primarily consists of operations in the United States and Canada; Europe and North Africa, and Rest of World (ROW), which consists of operations in Latin America, Sub-Saharan Africa, Middle East and Asia Pacific. The products of the Company include electric utility products, electrical infrastructure products, construction products, communication products and rod mill products. On May 21, 2008, the Company entered a joint venture for majority ownership of E.P.E / EN.I.CA.BISKRA/SPA (Enica Biskra). In August 2009, it acquired Gepco International, Inc. and Isotec, Inc. (collectively, Gepco). Gepco is a manufacturer and provider of cabling solutions for the professional broadcast and entertainment markets.

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
5/1/2009 12:25 PM Buy
None
33.36
as of 12/31/2009
1 Week up  12.65 %
1 Month up  22.78 %
3 Months down  -7.91 %
1 YTD up  8.06 %

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