Harman International Industries, Inc./DE/ (NYSE:HAR)

CAPS Rating: 3 out of 5

The Company designs, manufactures and markets audio products and electronic systems for the automotive, consumer and professional markets.

Recs

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Player Avatar haiku888 (45.88) Submitted: 2/19/2008 1:49:21 PM : Outperform Start Price: $42.17 HAR Score: -6.49

I believe that the bottom has been reached for this audio equipment maker. Trying to value pick in this market is very difficult as this stock has tumbled nearly 60% year over year. Competition is also a concern, but hoping that Brand recognition (IN BMWs) offsets some of that risk or may simply be a takeover target at this low valuation.

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