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Enter Symbol:
 
Lufkin Industries, Inc. (LUFK) [hlAlert]

Rating:
Buy LUFK
up 218.94 %

Lufkin Industries, Inc. (LUFK) rated Buy with price target $60 by Wunderlich

Posted on: Thursday,  Jul 1, 2010  8:25 AM ET by Wunderlich

Wunderlich rated Buy Lufkin Industries, Inc. (NASDAQ: LUFK) on 07/01/2010. Previously Wunderlich rated Buy Lufkin Industries, Inc. (NASDAQ: LUFK) on 10/13/2009.,
when the stock price was $27.75. Since then, Lufkin Industries, Inc. has gained 218.94% as of 07/01/2013's recent price of $88.49.
If you would have followed the previous Wunderlich's recommendation on LUFK, you would have gained 218.94% of your investment in 1357 days.

Lufkin Industries, Inc., is a supplier of oil field and power transmission products. The Company is divided into two operating segments: Oil Field and Power Transmission. Through its Oil Field segment, the Company manufactures and services artificial reciprocating rod lift equipment and related products, which are used to extract crude oil and other fluids from wells. Through its Power Transmission segment, the Company manufactures and services high-speed and low-speed increasing and reducing gearboxes for industrial applications. In January 2008, the Company announced the decision to suspend its participation in the commercial trailer markets and to develop a plan to run-out existing inventories, fulfil contractual obligations and close all trailer facilities. In March 2009, the Company acquired International Lift Systems, LLC (ILS), a manufacturer of artificial lift systems serving oil and gas companies. In July 2009, the Company acquired Rotating Machinery Technology, Inc.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2010 8:25 AM Buy
None
39.45 60.00
as of 12/31/2010
1 Week down  -0.76 %
1 Month up  20.48 %
3 Months up  38.95 %
1 YTD up  66.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/22/2010 8:25 AM Buy
None
41.52 50.00
10/13/2009 8:25 AM Buy
None
27.75 31.00

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