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Enter Symbol:
Precision Castparts Corporation (PCP) [hlAlert]

up 168.98 %

Precision Castparts Corporation (PCP) rated Buy with price target $100 by Davenport

Posted on: Thursday,  Jun 4, 2009  10:25 AM ET by Davenport

Davenport rated Buy Precision Castparts Corporation (NYSE: PCP) on 06/04/2009, when the stock price was $85.30. Since
then, Precision Castparts Corporation has gained 168.98% as of 10/12/2015's recent price of $229.44.
If you would have followed this Davenport's recommendation on PCP, you would have gained 168.98% of your investment in 2321 days.

Precision Castparts Corp. (PCC) is a manufacturer of complex metal components and products, provides investment castings, forgings and fasteners/fastener systems for aerospace and industrial gas turbine (IGT) applications. The Company also provides investment castings and forgings for general industrial, automotive, armament, medical and other applications; nickel alloys and product forms, as well as cobalt alloys, for the aerospace, chemical processing, oil and gas, pollution control and other industries; specialty alloys, waxes for the investment casting industry; refiner plates, screen cylinders and other products for the pulp and paper industry; low-pressure sewer systems; gas monitoring systems for the power generation industry, and metalworking tools for the fastener market and other applications. PCC operates through three segments: Investment Cast Products, Forged Products and Fastener Products. On December 4, 2008, it acquired Hackney Ladish Holding Corp. (Hackney Ladish).

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2009 10:25 AM Buy
85.30 100.00
as of 12/31/2009
1 Week up  23.48 %
1 Month up  35.76 %
3 Months up  38.17 %
1 YTD up  65.01 %

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