Park-Ohio Holdings Corp. (NASDAQ:PKOH)
CAPS Rating:
An industrial supply chain logistics and diversified manufacturing business, operating in three segments: ILS, Aluminum Products and Manufactured Products.
An industrial supply chain logistics and diversified manufacturing business, operating in three segments: ILS, Aluminum Products and Manufactured Products.
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I will pitch this for caps and buy with my virtual account but I am not plunking down any real money on it as this point in time. This is what I have dug up. P/E of 7.24, stock is 33% below 52 week high with no noted bad news, They acquired three companies in 2006 that give them a presence in China, India, Taiwan, Singapore, Ireland, Hunary, Scotland and Mexico with there NABS purchase. They also purchased Lectrothrem witch gives them a foundry in Germany which is complements there most profitable buisness segment. S&P in December upgrade them for CCC+ to B-. That sounds nice but they are still a B-