Pall Corp (NYSE:PLL)
CAPS Rating:
A supplier of integrated filtration, separation and purification technologies for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
A supplier of integrated filtration, separation and purification technologies for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
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Recs
317. Pall Corp. (NYSE: PLL) is shooting into all-time highs. Sell it. Target: $47-$55. I think that any upside left in Pall Corp is simply a function of the company surpassing all-time highs and running into overvaluation. Justifying a price of $60 or over is a fools game. Pall has a buyback on the table and I certainly hope that they have taken it offline for now, but I can't confirm that and for the most part companies love buying back their stock at higher prices. Trading at 18x FY 2012 guidance, I am going to recommend that you sit out on this one for a short while and try to get back in and a better price.http://beta.fool.com/bradford86/2012/01/18/price-market-part-50/