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The Company is a designer and manufacturer of custom-engineered, performance-critical products to a diverse customer base.
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ddberg (< 20) Submitted: 2/14/08 3:02 PM : Start Price: $41.93 KDN Score: 15.77
A perfect example of seemingly uninteresting businesses being gold mines. Industrial ball bearings, shock absorbers, springs and sealing rings? Not exactly the sexiest products in the world. But take these machine necessities, apply them to the sophisticated worlds of robotics, medical devices (think MRI machines), aerospace, alternative energy, and defense, and establish yourself as the premier supplier of the highest quality products, and all of a sudden the mundane becomes incredibly profitable.In addition, this is an extremely well-run company with outstanding fundamentals, the best profit margins in the business, a large cash reserve for share buy-backs and expansion (both currently in process), and a giant back-log of orders. The added kicker: they're entering new markets and selling more product without having to lower prices. This is truly a great company and a great stock.
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