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General Cable Corporation (BGC) [hlAlert]

Rating:
Buy BGC
down 58.06 %

General Cable Corporation (BGC) rated Buy with price target $38 by Next Generation

Posted on: Tuesday,  Oct 27, 2009  10:25 AM ET by Next Generation

Next Generation rated Buy General Cable Corporation (NYSE: BGC) on 10/27/2009, when the stock price was $33.79. Since
then, General Cable Corporation has lost 58.06% as of 12/24/2015's recent price of $14.17.
If you would have followed this Next Generation's recommendation on BGC, you would have lost 58.06% of your investment in 2249 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.

Next Generation Equity Research, LLC is an equity research boutique focused on the needs of the institutional investor. Our mission is to provide unbiased, idea-driven research on small to mid cap-sized companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2009 10:25 AM Buy
None
33.79 38.00
as of 12/31/2009
1 Week up  12.65 %
1 Month up  22.78 %
3 Months up  6.68 %
1 YTD up  6.68 %

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