Ampco-Pittsburgh Corp. (NYSE:AP)
A producer of forged and cast rolling mill rolls for the worldwide steel and aluminum industries. The Company is also a producer of air and liquid processing equipment.
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Doesn't Phil Durell look like Chris Mathews over there in the ad?-->
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This is a good solid company. They have good PE ratio, and have proven and stable leadership. The steel industry is strong, as is aluminum, and will continue to be so. Look for this one to do well over the course of the next several years, and beyond.
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P/E = 11.3x v.17.0x for S&P 500
Price/Sales = 1.3x v 1.2x
Profit Margin = 11.3% v 6.7%
Return on Equity = 23.4% v 29.2%
Return on Assets = 9.7% v 4.0%
Long Term Growth Rate = 13.6% v 12.6%
PEG Ratio = 0.8x v 1.4x
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This company has grown steadily over the years and share prices have grown right along with revenues. Mutual fund managers are buying AP up and 41 percent of the company is held by insiders. Im estimating at least 55 dollars by the end of the year and it could be higher still.
Buy.
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alot of new items come from pa
the usa was built buy pa
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My screener
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I put real money in this baby. With these kinds of fundamentals, global exposure, consistent dividend, unbelievable large backlog... it's unstoppable.
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http://www.fool.com/investing/small-cap/2008/01/16/stocks-on-bubble-watch.aspx
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Backlog of orders going to 2012, industry sector virtually sold out for 2008, metals commodities boom continuing for as long as China and India continue to grow... These factors all add up to create a very pretty picture indeed. Once the chairman sells through his stake in a company and retires, we should see shares soar. I would agree with someone previously sayinf share price is likely to be around 60 - 80 dollar range or more in next 2 years. Under followed company with products in great demand.
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250 % increase ain't bad?
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http://smallcap.seekingalpha.com/article/41554
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http://www.fool.com/investing/general/2007/06/11/5-star-stocks-in-the-bargain-bin.aspx?source=mppromo
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This stock was picked to outperform from May 2007 to May 2008 by TMFBrich
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