This One Could Pop Quickly
Due to the unknowable way the coming fiscal cliff will be resolved (or not), a shadow hangs over every company that does defense-related business with the U.S. government. For many companies that are likely to be adversely affected, shares have already priced in worst-case scenarios.
That's the case for thermal imaging and surveillance equipment company FLIR Systems (FLIR), which is sporting revenue and earnings that aren't too far from the company's all-time best levels. But FLIR's current quote has declined more than 46% from its 2011 peak of $37.30, and its stock price is 28.3% under its 52-week high of $27.92....302 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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