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Enter Symbol:
 
Baldor Electric Company (BEZ) [hlAlert]

Rating:
Outperform
BEZ
up 61.94 %

Baldor Electric Company (BEZ) rated Outperform with price target $55 by Boenning & Scattergood

Posted on: Friday,  Aug 6, 2010  10:25 AM ET by Boenning & Scattergood

Boenning & Scattergood rated Outperform Baldor Electric Company (NYSE: BEZ) on 08/06/2010, when the stock price was $39.21.
Since then, Baldor Electric Company has gained 61.95% as of 01/27/2011's recent price of $63.50.
If you would have followed this Boenning & Scattergood's recommendation on BEZ, you would have gained 61.94% of your investment in 174 days.

Baldor Electric Company (Baldor) is a marketer, designer, and manufacturer of industrial electric motors, mechanical power transmission products, drives, and generators, supplying over 9,500 customers in more than 160 industries. The Company?s products are sold to original equipment manufacturers (OEMs) and distributors serving markets in the United States and worldwide. Its products are marketed throughout the United States and in more than 70 foreign countries. On August 29, 2008, Baldor acquired Poulies Maska, Inc. (Maska) of Ste-Claire, Quebec, Canada. Maska is a designer, manufacturer and marketer of sheaves, bushings, couplings and related mechanical power transmission components.

Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2010 10:25 AM Buy
None
39.21 55.00
as of 12/31/2010
1 Week up  0.61 %
1 Month up  0.30 %
3 Months up  57.17 %
1 YTD up  61.94 %

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