$10.12
-0.02 (-0.20%)
Titanium Metals Corp (TIE)
CAPS Rating:
A vertically integrated producer of titanium sponge, melted products and a variety of mill products for commercial aerospace, military, industrial and other applications.
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The reason's that I'm picking Titanium Metals are simple:
1). The market overreacted to a short term drop in titanium, which should soon be back (But probably not to the former highs in the near-term).
2). The market has not yet reacted to the fact that the plane sales will be up by a ton in the coming years, or that newer planes require more titanium than older models.
3). The market has not yet reacted that the military spending program is up, and the new fighter jets, armor, desolation plants, oil risers, and industrial equipment all need more titanium than before.
Because of these reason's (That David so kindly pointed out in the Stock Advisor newsletter), I've decided to make Titanium Metals a top pick. My fair current fair model putting all the future growth into prespective is $31. Once Titanium gets back up, my model improves to $45. I think it'll hit $45 in two years.