Ametek, Inc. (NYSE:AME)
CAPS Rating:
The Company is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America.
The Company is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America.
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Recs
Being picky and choosy for outperforms these days. AME benefitsfrom a large amount of overseas sales, so the weak dollar and sluggish economy wont hurt them much. They also have shown the ability to grow internally and with acquisitions. The recent pulback under $40 may not be the bottom but I like the buying point.