SPX Corp (SPW)
A global multi-industry manufacturing company whose revenues are driven by infrastructure-related products & services such as wet & dry cooling systems, thermal service and repair work, heat exchangers and power transformers into the global power market.
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SPX is performing quite well in a difficult environment - uniquely positioned to benefit from worldwide grid investment and upgrades. the business has transformed itself over the last decade from a marginal auto supplier to a multi dimensional growth story - eva principles are enforced in all areas, as each area runs its business for cash.
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Not fancy but a good buy in a down market.
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Real pleased to be able to pick up this industrial gem at this price.
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Basic flow control products. They are big and well organized from my experience with them in the past.
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Quanta Services, Inc. (Quanta) is a provider of specialty contracting services, offering end-to-end network solutions to the electric power, gas, telecommunications, cable television and specialty services industries. They are positioned to be a major player in teh solar power generatoin as solar takes off.
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I work for SPX Corp and will simply say one word : "Nuclear."
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Best thing since fried chicken, but they don't make those.
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I hate buying at the 52 week high, but I hear very good things...
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canslim screener
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This company is involved in all the right places for alternative energy.
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Multinational Corporation similar to Flowserve and has the diversity to help emerging markets increase the quality of life for their citizens. The more the quality of life improves, the broader the middle class. As the middle class grows so grows the probability for political stability. By the end of the 21st century, economic slavery will end. As Joni Mitchell once said in a song, "What are you going to do when all the slaves are free?"
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I just got a tip about this company. The projected growth for this company is huge!
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SPX is a strong company that is transitioning from manufacturing in industries like the Auto industry to more of an energy perspective. They have mitigated their risk by crossing into several different international markets including, Europe, China, and southeast Asia.
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Utility infrastructure is something that will always be in demand...
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another working towards the green
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Corporate Responsibility Officer ranks SPX among the best corporate citizens in 2008. Named to FORTUNE's America's Most Admired Companies 2008.
Infrastructure related products which increase efficiency and reduce pollution in power generators, water plants. Solar plant cooling, stack scrubbing, air and fluid filtration systems. Weathertrack system improves irrigation efficiency and decreases runoff and environmetal damage.
Their product portfolio includes pumps, valves, metering and mixing solutions, air filtration and dehydration products, special service tools, diagnostic systems and testing equipment, cooling towers, air-cooled condensers, boilers and residential heating products, TV and radio broadcast antennas, and power transformers.
Products are used by a broad range of customers in various industries, including food and beverage, personal care, power and energy, test and measurement, general industrial, refrigeration, HVAC (heating, ventilation and air conditioning), process industries and transportation.
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Stock has had strong price peformance and momentum over the last 6 months. Excellent growth prospects and valuation is still relatively low.
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SPX Corporation assists with the cooling of solar electrical production plants in liquid and dry formats. They provide products that replace petroleum mineral oils with plant derived mineral oils on drilling projects for oil and natural gas and reduce the expense of toxic clean up. They provide a filtration and scrubbing products for stacks and fumes of coal burning power production. They turned in a small profit for 06 and dropped cash. The stock beat S&P for 07 and is up 100+ % for the year.
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Value line . timely stocks in timely industry, Tech Rateing =1
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