$46.29
0.41 (+0.89%)
RBC Bearings, Inc. (NASDAQ:ROLL)
CAPS Rating:
The Company is a well-known international manufacturer of highly engineered precision plain, roller and ball bearings.
The Company is a well-known international manufacturer of highly engineered precision plain, roller and ball bearings.
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Recs
Put your money here on every big dip and walk away for three years and you will "roll" to big profits. Every hot sector for the next 3-5 years needs bearings. Aerospace, defense, trains, autos (hybrids/electric, even better), turbines for electricity, windmills, ships, industrial/mining equipment, farm equipment. They all use bearings. China, India and all growth areas will need even more bearings in spite of the US slowdown or oil rise. These guys (see NNBRs latest numbers that blew away estimates on strength in bearings) will blow away the numbers and growth will accellerate.