Ducommun, Inc. (NYSE:DCO)
Through its subsidiaries, the Company designs, engineers and manufactures aerostructure and electromechanical components and subassemblies, and provides engineering, technical and program management services for the aerospace industry.
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Strong growth stock with an estimated 370% growth rate for 2012. PSR very low at .28 and and they are very liquid with their working capital representing 66% of their market cap. I look for the stock price to be around $20 by the end of the year.
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Technical Monthly
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Aerospace demand will grow internationally
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Profile
Ducommun Inc.
23301 Wilmington Avenue
Carson, CA 90745-6209
United States - Map
Phone: 310-513-7200
Fax: 310-513-7279
Website: www.ducommun.com
Details
Index Membership: N/A
Sector: Industrial Goods
Industry: Aerospace/Defense Products & Services
Full Time Employees: 1,872
Business Summary
Ducommun Incorporated, through its subsidiaries, designs, engineers, and manufactures aerostructure, and electromechanical components and subassemblies. The company offers aluminum stretch-forming, titanium and aluminum hot-forming, machining, composite lay-up, metal bonding, and chemical milling services. It also provides illuminated push button switches and panels, microwave and milli-meterwave switches and filters, fractional horsepower motors and resolvers, and mechanical and electromechanical subassemblies, as well as provides engineering, technical, and program management services. Ducommun Incorporated serves the United States and foreign commercial and military aircraft, helicopter, missile, and related programs, as well as space programs. The company was founded in 1849 and is based in Carson, California.
***All above information from YAHOO FINANCE***
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I am a big aerospace bull. DCO's conservative balance sheet has left them in a favorable position during the market downturn. DCO's recent acquisition provides them with much needed 787 exposure. due to the timing of their acquisition I expect that they acquired this company for dirt cheap
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Look at it's performance since the crash. Defense contracts and soild stats make this a solid buy for now.
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This stock along with the rest of the defense sector is heading higher. Say hello to investors and money managers looking to survive a recession this summer by jumping into defense. Learn to follow the crowd (mutual funds and such)--it consistantly weathers better than navigating against the grain.
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Military,Air Force, Crying for more planes. These guys are oem to most everybody.
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