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Precision Castparts Corporation (PCP) [hlAlert]

Rating:
Buy PCP
up 136.75 %

Precision Castparts Corporation (PCP) rated Buy with price target $119 by Broadpoint AmTech Research

Posted on: Monday,  Sep 14, 2009  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Precision Castparts Corporation (NYSE: PCP) on 09/14/2009, when the stock price was $96.91.
Since then, Precision Castparts Corporation has gained 136.76% as of 10/12/2015's recent price of $229.44.
If you would have followed this Broadpoint AmTech Research's recommendation on PCP, you would have gained 136.75% of your investment in 2219 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).

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2009 9:25 AM Buy
None
96.91 119.00
as of 12/31/2009
1 Week up  23.48 %
1 Month up  35.76 %
3 Months up  38.17 %
1 YTD up  45.24 %

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