Flowserve Corp (NYSE:FLS)

CAPS Rating: 5 out of 5

The Company is a manufacturer and aftermarket service provider of comprehensive flow control systems.

Recs

2
Player Avatar WhiskeyGirl (58.67) Submitted: 6/4/2009 7:57:10 AM : Outperform Start Price: $74.16 FLS Score: +0.83

It might be a boring pick but you have to love the opportunities that global infrastructural spending will create for this company in the longer term. They've been subtly moving towards water with the acquisition of Calder and remain well diversified across a range of sectors; gas, oil, nuclear, chemicals. I've been researching water related stocks for quite a while and nothing has excited me. Too much investor interest. I feel like this is a relatively unnoticed company. They're growth and performance over the past few years is impressive enough to have me purchasing.

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Member Avatar SuperCharge (80.41) Submitted: 6/5/2009 12:53:18 PM
Recs: 1

I agree whiskey girl that FLS is a great trading vehicle or long term investment. Not that I think it's likely anytime soon because of economic conditions & as FLS itself grows, but if the stock approaches the 5 yr. avg. P/E of 35 , FLS would be valued at a $225 per share. It'd suprise me to see this not trading consistently in the $130 range within 6-24 months.

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Member Avatar WhiskeyGirl (58.67) Submitted: 8/14/2009 3:08:43 PM
Recs: 0

Long-term agreed. Thanks for your numbers and I hope to see them :)

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Member Avatar Deepfryer (28.24) Submitted: 9/14/2009 11:29:06 AM
Recs: 0

Great long-term investment... in fact I just bought some for my 401k. There's nothing better than a very boring, and very profitable company.

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