|Last Update: 05/21/13 - 4:00 PM EDT|
|YTD Performance: 20.26%|
|Previous Close: $57.52|
|52 Week Range: $32.59 - $58.50|
|Oustanding Shares: 96,153,921|
|Market Cap: 5,513,465,830|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||5||5||6||6|
|Growth Rate (Year over Year)||-25.52%||22.39%||-12.66%||19.21%|
Don’t just ask 'what would Warren do?'
Don’t take your cues from the so-called action.
Sure is plenty of bad but there is good afoot, too.
Alcoa gave positive insights into certain sectors says Action Alerts Plus CIO & Co-Portfolio Manager Stephanie Link. Link tells <I>TheStreet's</I> Lindsey Bell how she is addressing her portfolio based on the Alcoa call.
Jim Cramer and Stephanie Link focus on AAP holding Timken, a "very good stock" that is leveraged to a truck market with a fleet age at 20-year highs like fellow industrials Eaton and Cummins. There just needs to be some clarity on the political front for these companies to spend again, Link says.
TKR was upgraded to Buy, Bank of America/Merrill Lynch said. Company is a well-run company that is leveraged to an eventual cyclical recovery.
Stephanie Link, CIO and co-portfolio manager of Action Alerts PLUS, bought Timken ahead of earnings and is a buyer on weakness after earnings are reported.
Shares of TKR downgraded to Hold from Buy, Jefferies said. $45 price target. Risk/reward balanced following activist filing.
What happened to these two companies this week horrifies me as an investor.
They're selling at bargain prices, and macroeconomic factors are in their favor.