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Enter Symbol:
 
Harbin Electric, Inc. (HRBN) [hlAlert]

Rating:
Outperform
HRBN
up 49.26 %

Harbin Electric, Inc. (HRBN) rated Outperform by William Blair

Posted on: Wednesday,  Aug 12, 2009  9:25 AM ET by William Blair

William Blair rated Outperform Harbin Electric, Inc. (NASDAQ: HRBN) on 08/12/2009, when the stock price was $15.61. Since
then, Harbin Electric, Inc. has gained 49.26% as of 11/01/2011's recent price of $23.30.
If you would have followed this William Blair's recommendation on HRBN, you would have gained 49.26% of your investment in 811 days.

Harbin Electric, Inc. designs, develops and manufactures linear motors and special electric motors. With proprietary technology and core patents, the Company builds a wide array of customized linear motors and other special motor for a variety of applications and industries. The Company currently designs and supplies its motor products and systems to numerous end users throughout the Chinese domestic market, as well as, to other industrial OEM customers overseas. Industry applications for linear motors include oilfield services, conveyor systems, factory automation, packaging equipment, as well as mass transportation systems. The Company is based in Harbin, China along with its wholly owned subsidiaries.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2009 9:25 AM Buy
None
15.61
as of 12/31/2009
1 Week down  -10.46 %
1 Month down  -5.94 %
3 Months up  11.55 %
1 YTD up  20.62 %

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