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$42.93 4.71 (12.32%)
11/21/2008 4:02 PM

Valmont Industries, Inc. (VMI)

CAPS Rating:
***

A producer of fabricated metal products and a producer of metal & concrete pole and tower structures in its Engineered Support Structures & Utilities Support Structures businesses, and is a producer of mechanized irrigation systems.

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Avatar mactavish38 (82.66) Submitted: 6/18/08 11:37 AM : Underperform Start Price: $108.17 VMI Score: 16.67

Dont fight the trend. The price needs to correct a bit closer to it's next support level at around 72. This will put it's PE at a much more rational number and will help stablize a bottom before moving again to challenge it's highs. stock will underperform for the next several months then tiime to re-evaluate.

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