Starrett L S Co (NYSE:SCX)

CAPS Rating: 5 out of 5

The Company is engaged in the business of manufacturing industrial, professional and consumer measuring and cutting tools and related products.

Recs

2
Player Avatar Tak3natheFlood (37.28) Submitted: 5/19/2009 1:23:26 PM : Outperform Start Price: $7.97 SCX Score: +10.73

Selling at nearly 1/3 of book with a healthy dividend over 5%. In a recent Boston Globe Business piece (Globe 100) the President Douglas Starrett said that the next 6 months will be very challenging as "our industry has always lagged the economy; we are late at getting into problems." Equity will probably continue to decrease for the next 9 months but I'm willing to wait it out and see the capital appreciation. This stock has very limited downside.

Featured Broker Partners


Advertisement