General Cable Corp (NYSE:BGC)

outperform

Waiting for a slightly better entry point to put real capital to work here. BGC is a bet on the continued global industrial expansion and the revamping of our and others grid. As high speed internet penetrates more markets I believe BGC will stand to gain here as well. The management team is top notch. BGC develops, designs, markets, and distributes its products helping take the middle man out of much of the business.

Undervalued vs. history. Will continue to benefit from the end of the recession.

stimulus winner. one's loss is another gains.

When I first started looking at BGC on March 18, the price was at $17.57. I don’t know why I didn’t make the CAPS recommendation until April, but we are now hitting my first target price. This is the price where I lock in part of my profits, and let the rest run for a while longer.

As part of my re-evaluation as a target is reached, I re-run my valuations with updated information. When I look at those numbers, I can see that some things improved and others deteriorated. For example, all of the financial safety numbers improved; for the trailing 12 months, the Altman is 5.63, Piotroski is 7, and Sloan is -3.81, all quite good. However, given the country’s financial condition, the valuations all suffered. Now I would be less likely to buy, but I am willing to hold and hope to see my secondary targets reached as I begin to transition from one stock holding to others.

Good growth and earnings ahead.

Their new 10 gigabit solutions should be popular when the economy comes back to life.

we all need to get the hook up(get it)

Watch for the bump from increased infrastructure spending over the next 5+ years

See this shoot up in the next 3 years due to older cables being replaced by fiber optic cables (the new standard). Current target $40.

Obama I hope contracts get signed in first month as Pres

10.000

Bought with real money at $18 and am hurting, but I still love the long-term prospects for BGC. Our nation's grid needs a lot of TLC, and they stand to benefit. They have a fantastic world footprint...positions in China, India and Brazil should pay handsomely once the recession slows.

below 52 week low

Utilities with major CAPEX projects starting now

4 Star rating w/ P/E Ratio of 8.01 following a significant drop in market the previous day(S&P @ 909). Price at 52 wk low w/ a range of 16.23-83.50. Currently below the SPY by about 35%. Trying to rate at a low point for long term returns. Hold till price reaches about $35.00 and re-evaluate. Jubak top 50 pick. Hopefully the market is reaching a low point soon.

Have to buy at this price. Buying.

These are just piggyback picks to monitor after reading Jim Jubak's column over at MSN on 9/9.

top 50 picks