Thomas & Betts Corp (TNB)

wind play

Although oil will still be king for the forseeable future clean tech is already making inroads and should grow almost exponentially. Be it wind, solar, bio fuels or what ever, as a group they are only a small part of 1 percent of the total energy complex and will take years to make a significant dent in oil. Long term buy!!!

Excellent management, low debt, back orders, solar energy and the federal recovery package.

This is a great company selling at below book value.

Buying a highly regarded company at a discount. I think It will get a political boost with all the hardcore pro-wind power legislation people are pushing for.

I'm pushing toward wind over solar because the best solar company (nanosolar) isn't on the stock market, and the rest of them fall short.

picken's pop?

Within a dollar of its 52-week low, reasonable debt to equity, consistently profitable, a good p/e to eps growth, and zero institutional ownership. This stock could prove to be an excellent growth stock.

wind power

Part of my wind index

Wind Power

Seems boring; just how i like my investments.

Right place/right time, undervalued, due for a reversion to the mean.

wind energy play, nice low PE down off 52 week high

Full Time Employees: 11,000

BUSINESS SUMMARY
Thomas & Betts Corporation designs, manufactures, and markets electrical components for industrial, commercial, communications, and utility markets. The company operates in three segments: Electrical; Steel Structures; and Heating, Ventilation, and Air-Conditioning (HVAC). The Electrical segment offers connectors, components, and other products for electrical, utility, and communications applications. Its products include fittings and accessories; fastening products, such as plastic and metallic ties, and flexible tubing; connectors, such as compression and mechanical connectors for power and grounding applications; indoor and outdoor switch and outlet boxes, covers, and accessories; floor boxes; metal framing used as structural support for conduits, cable tray, and electrical enclosures; and emergency and hazardous lighting. This segment also offers utility distribution connectors and switchgear; power quality equipment and services; CATV drop hardware; radio frequency connectors; aerial, pole, pedestal, and buried splice enclosures; encapsulation and sheath repair systems; and other products, including insulation products, wire markers, and application tooling products. The Steel Structures segment provides tubular steel transmission and distribution poles, and markets lattice steel transmission towers for power and telecommunications companies. The HVAC segment offers heating and ventilation products for commercial and industrial buildings. Its products include gas, oil, and electric unit heaters; gas-fired duct furnaces; indirect and direct gas-fired make-up air; infrared heaters; and evaporative cooling and heat recovery products. The company sells its products directly to original equipment manufacturers, utilities, and end-users, as well as through distributors, mass merchandisers, catalog merchandisers, and home improvement centers. It operates primarily in North America and Europe. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

lets see if this loser cramer gets me some points..

As shift from fossil fuels to electricity continues, this company should benefit greatly as it supplies ton of products for power transmission and electrical applications.

This ne appeared on a Magic Formula screen that I ran. After looking at it a little more closely I think that its the sort of meat & potatoes company that provides a safe haven during the current economic storm.

This is at a 52 week low.

Electrical components company that looks cheap.

Should have added this stock (and pitch) to my CAPS about 2 weeks ago: TNB recently on sale due to mid August "crash". Fundamentals are good, company has beaten estimates for past 2 qtrs, and stock is off its recent price high of about $62. Stock was also trending upwards nicely before "crash" and I think its a victim of housing market jitters, though it does have exposure to this sector. However, diversification in non-housing and and non-U.S. markets should provide some buffering as we go forward and unitl the housing market recovers. Recent acquisition of Lamson and Sessions expected to be " accretive to earnings" . I think TNB is valued also at the 'low-end' of growth and will pick up steam as other investors see its merit and hop on board.