A. O. Smith Corp (NYSE:AOS)
A manufacturer of water heating equipment and electric motors, serving a diverse mix of residential, commercial and industrial end markets principally in the United States with a growing international presence.
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Announced earnings of 56 cents per share for the fourth quarter to beat Wall Stret estimates by 6 cents a share; revenue climbed 25% from the 4th quarter of 2005; most revenue growth in 2007 will come from an increase in sales in China
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I have no rationale other than I just clicked on top rated stocks and chose this one because I trust everyone else...let's see if this pays off.
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Based on prjected 5 year earnings growth.
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good report, bad reaction
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