Tecumseh Products Company (NASDAQ:TECUB)
A global manufacturer of hermetic compressors for residential and commercial refrigerators, window air conditioning units and residential and commercial central system air conditioners and power trains for lawn mowers.
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i have heard alot about this company going downhill. the factory 20 miles from has shut down in the past year.
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Global warming beware...ha! This is a good company with a bright future. Everyone needs a refrigerator, air conditioning and central air. The whole power trains for lawn mowers...bonus!
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A sure thing
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Should rise above other stocks soon
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I choose this stock by watching it's ticker for serveral days, it seems to be continusly on a steady climb. Definityly one to keep an eye on though.
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The company is recently rebounding from a local crisis (e.g. there were job cuts in April). Approximately $220M were recently acquired by Regal Beloit what resulted in positive dynamics for stock. Stock is slightly undervalued, but this is not very significant. I'm personally attracted by rising net sales and a lot of assets in inventories and plants; they cover up much of a cash debt and cash deficit of a company, lighting up an idea of middle- to long-term growth.
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