EnerSys (NYSE:ENS)

CAPS Rating: 4 out of 5

The Company is a manufacturer, marketer and distributor of industrial batteries. It also manufactures, markets and distributes related products and it provides related after-market and customer-support services for industrial batteries.

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Player Avatar ginchinchil (< 20) Submitted: 3/7/2009 1:20:11 PM : Outperform Start Price: $8.57 ENS Score: +449.87

Enersys is finishing up on restructuring which will save them much needed cash. The company is well positioned and although the demand for their batteries will decrease, they will still be widely needed. But the big bonanza will come with the stimulus money. There is an extraordinary amount of money designated for battery R & D and being the US's largest battery company, Enersys stands to be the biggest recipient. I think this company is a strong buy, especially at the current prices.

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