Cooper Industries, Ltd. (NYSE:CBE)
CAPS Rating:
The Company operates in two business segments: Electrical Products and Tools. It manufactures, markets and sells its products and provides services throughout the world.
The Company operates in two business segments: Electrical Products and Tools. It manufactures, markets and sells its products and provides services throughout the world.
Recs
With the nations power grid in schambles and the need to build new infrastructure this stock should skyrocket. They have also aquired Cannon Technologies which is a company that provides powerline carrying communications ( ex. meter readings). I work for a company that orders a lot of material from Cooper and we also have the Cannon Technologies communications. We are just a very small drop in the bucket and this technology is exploding. We spent over 4 million dollars getting the Cannon system installed and remember we are a small drop in the bucket!