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The Company operates in two business segments: Electrical Products and Tools. It manufactures, markets and sells its products and provides services throughout the world.
High P/E (more than double the industry average) with very low growth rates, insiders have sold 12%+ of their stock in the past six months, and they are a large corporation in a slower-growth industry (at the moment). The price will need to fall back to become reasonably priced, because I see the likelihood of a dramatic rise in growth very small.
Well I guess "tails" was the right call then. Nice to get some confirmation though ... :)Cheers,AM
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