Exide Technologies (XIDE)
The Company is in the business of stored electrical energy solutions and manufactures lead acid batteries, which are used in transportation, motive power, network power, and military applications.
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Going to get with the times. I like that, though it might take a spell.
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Braskout is coming soon as it nears its breakout point near its 52 week high.
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Long-term pick - once we return to an economy that purchases cars again, Exide will prosper. Good balance sheet, solid product, loyal customers all indicate a long-term value.
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John Deere gave a reward to XIDE for outstanding service... The stock is bought by the President of XIDE... More batteries in more cars... They are reducing their debt...
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Free cash flow, great customers, spends wisely, and plans for the future
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Undervalued at this time, but will definitely increase in years to come. A solid buy!
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Battery tech and production will be big in the new "alternate" electricity economy.
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Making a lot of investments in infrastructure to be more efficient, great side business in recycling.
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BYDDY, ENS, XIDE all part of (car) battery basket.
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that was one heckuva haircut on friday. a trim was needed, but probably didn't deserve the clippers.
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Oversold battery maker. Look for a good bounce with market upturn.
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portable electronics are definitely on the rise and really aren't going anywhere..
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With earnings right around the corner I think this will be their 8th positive announcement. Continuing to sell to the rest of the world and obtaining huge contracts is a BIG win, not to mention the weak dollar makes everyone want to buy our goods! A newly developed and deployed battery called the 'Absolyte GP' is going to do huge things in serving the alternative energy industry and others as well. The new battery has an awesome extended life as well as a proprietary alloy instead of traditional metal making recycling the battery easier...I would dare say this will turn into one of Cramer's 'new tech for mankind' stocks sometime soon!
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Way too cheap. It is being hammered by the forced liquidation of its largest shareholder.
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Full Time Employees: 13,862
BUSINESS SUMMARY
Exide Technologies engages in the manufacture and supply of lead acid batteries used in transportation, motive power, network power, and military applications in the Americas, Europe, and internationally. Its transportation batteries include ignition and lighting batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, boats, and other applications. The company offers batteries for transportation market under Centra, DETA, Exide, Exide NASCAR Select, Exide Select Orbital, Fulmen, and Tudor names, as well as under private labels. It also sells batteries for marine and recreational vehicles. The company offers industrial energy batteries for motive power and network power applications, as well as offers a range of battery chargers and associated equipment for the operation and maintenance of battery-powered vehicles. Its motive power batteries are used in the materials handling industry for forklifts and electric counter balance trucks, pedestrian pallet trucks, low level order pickers, turret trucks, tow tractors, reach trucks, and very narrow aisle trucks, as well as in other industries, including machinery in the floor cleaning market, the powered wheelchair market, mining locomotives, and electric road vehicles; and systems solutions, such as intelligent chargers, automatic watering systems, and fleet management devices. The company's network power batteries are used to provide back-up power for use with telecommunications systems, computer installations, hospitals, process control, air traffic control, security systems, utility, railway, and military applications. Exide Technologies was founded in 1888 and is headquartered in Alpharetta, Georgia.
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The company has been turned around. 1 billion has been spent on the turn around. China is the number 2 auto industry in the world and is growing rapidly. XIDE provides the batteries that start the engines. Manufacturing is offshore where the growth is occurring.
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Just about to get back on track after a stint in chapter 11. The CEO is very experienced and has a great track record.
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One of three top-tier battery plays. XIDE ENS CSGH.OB
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just LOVE this pattern

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