Precision Castparts

  • Crane Is Strengthening its Market Position

    By Awais Iqbal - August 5, 2013 | Tickers: CR, DOV, PCP

    In the rapidly changing world that we live in today, speed is everything. For this very reason, mergers and acquisitions are taking the upward trend while organic growth is focused on at a lower level. Companies are willing to pay a higher cost for ready made businesses in order to save the time it takes to either enter a market or penetrate deeper. Recently, Crane (NYSE: CR) acquired privately held more »

  • Metal Fabrication Companies That Will Boost Your Profits

    By Shweta Dubey - July 11, 2013 | Tickers: GTLS, PCP, VMI

    Metal fabrication companies produce different materials and components that serve the needs of a variety of manufacturers across different industries. Technical expertise and efficient manufacturing drives the profitability of metal fabrication companies, while the revenue of these companies depends on the size and kind of markets they cater to. I have analyzed three metal fabrication companies that are fulfilling the needs of gas companies, aerospace companies, and electric utilities through more »

  • Specialty Metals, Vertical Business, and Diversity for Your Portfolio

    By Damian Illia - June 27, 2013 | Tickers: ATI, CRS, PCP

    Back in the 90’s, visiting farms during harvest season was an everyday activity. Dad owned a few Senor B6 models that had many issues with metal parts. Ironically, it remains branded as ‘The Big One by Senor.’ A distinguished characteristic is the complex system of levers and pulleys that give way to a new task and a new breakage. Some were due to design defects, many others a consequence more »

  • Can This Industrial Take Off?

    By Lee Samaha - June 15, 2013 | Tickers: AA, AME, HEI, PPG, PCP

    It’s been a mixed earnings season for industrial-based stocks and Ametek’s (NYSE: AME) last set of results provided a pretty good microcosm of what has been going on. In short, companies with heavy exposure to industries like automotive and aerospace have done well, while almost everything else has found things difficult. So what makes Ametek interesting and what can we read across for other companies?

    Ametek generates growth more »

  • Do Some of the Lowest Yields in the S&P 500 Have Room to Grow?

    By Rupert Hargreaves - June 10, 2013 | Tickers: C, PXD, PCP

    Dividend investing is easy. Investors just need to pick the companies with the largest payouts and the best dividend histories. However, picking stocks that have the potential for future dividend growth is much harder.

    The purpose of this piece is to study the cash flows of three companies in the S&P 500 that offer some of the lowest yields in the index to try and establish if investors could more »

  • The Latest Aerospace Play Gives Earnings

    By Lee Samaha - May 22, 2013 | Tickers: AA, BEAV, PCP

    Another week and another set of earnings in the industrial space that confirms the curious bifurcation in the sector. Companies selling to the aerospace and automotive sectors had a good quarter, while others found things a lot tougher.  Such thoughts came to mind when looking at Precision Castparts' (NYSE: PCP) latest results. In this article I want to delve into the reasons why, and suggest some other stocks in the more »

  • The Key Earnings For The Week

    By Lee Samaha - May 9, 2013 | Tickers: BECN, NICE, PCP, RAX, THS

    Earnings season is starting to wind down this week and most of the really big names have already reported. Nevertheless there are still plenty of interesting companies giving results this week and there is no excuse for not trying to unearth value when you see an opportunity.

    Tuesday

    There is a health care theme to today’s results as surgical knife company Accuray gave results. Medical distributor McKesson also reported more »

  • The Coming Boom in Aerospace: Which Companies Are Poised to Profit?

    By Brendan O'Boyle - May 7, 2013 | Tickers: ATRO, LMT, PCP, BA, TGI

    It has been predicted that over the next several years a boom will take place in commercial aerospace orders (Figure 1). These orders are cyclical, but lag the economy to some extent as seen in the graph below. For example, after the September 11th terrorist attacks and due to the 2000 recession, orders were curtailed for some time before beginning a rebound in 2005. Likewise, the 2008 financial crisis more »

  • Triumph Group To Benefit From Airline Industry Drivers

    By HM Joshi - April 12, 2013 | Tickers: AAR, HEI, HXL, PCP, SPR, TXT, TGI, UTX

    Triumph Group (NYSE: TGI) is involved in designing and manufacturing products and providing services to the military as well as commercial aviation industry. Its main business segments include aero-structures, aerospace systems and aftermarket services. In the past few quarters, the company's EPS as well as revenue has been increasing, and there are several business and market drivers that will help this company register stronger gains in the coming quarters more »

  • FCC Clears the Boeing Battery Solution; Value Is In The Supply-Chain

    By RJ Towner - March 13, 2013 | Tickers: ATRO, EDAC, PCP, BA

    Late yesterday afternoon, airplane manufacturer and designer Boeing (NYSE: BA) received approval for the company’s plan to test and certify batteries for its 787 Dreamliner jet. Boeing’s lithium ion battery issues plagued several of its new jets, including many in Japan, which caused substantial weakness in shares even though orders remained strong, and several industry insiders indicated the problem wasn’t anything out of the ordinary. On January more »

  • Which One of Berkshire's New Additions Should You Buy?

    By Rupert Hargreaves - March 11, 2013 | Tickers: ADM, DE, PCP, VRSN

    In the middle of February, with much fanfare, the newest additions to Berkshire's portfolio were announced. These stocks were immediately bid up after hours, and many investors and fund managers sought to emulate Berkshire's actions in order to make a quick profit.

    Buying into any of these stocks then would have been silly. There was so much fuss around the stocks that they jumped quick, and were bound more »

  • How you Should Play With These Forward Picks?

    By Shweta Dubey - February 22, 2013 | Tickers: CF, PCP, TGT

    I am an avid reader of Jim Welsh’s Micro Tides Newsletter.  The reason why I like him is because of his macroeconomic visions and macro investing capabilities. This month Jim joined Forward Management, LLC, and I think this move will help the firm with investing decisions based on macro events. 

    Speaking of Forward Management, this investment advisory firm managed 985 accounts totaling an estimated $5.14 billion of assets more »

  • Analyzing Warren Buffett's New Buys

    By Gayatri Sharma - December 10, 2012 | Tickers: DE, MEG, PCP, WBC

    Warren Buffett is well known for his value buys. He buys companies which are trading at valuations significantly lower than their intrinsic values and holds them for long term. I scanned Berkshire Hathaway’s latest 13F filing for the stocks where Buffett recently initiated new positions. There were four new names in the list Media General (NYSE: MEG), Deere and Company (NYSE: DE), Wabco (NYSE: WBC) and Precision Castparts (NYSE: PCPmore »)

  • A Highly Anticipated Move Linked with Industry Leading Dynamics

    By Shweta Dubey - November 20, 2012 | Tickers: ATI, CRS, PCP, RTI, TIE.DL

    'With few exceptions, every aircraft in the sky flies with parts made by Precision Castparts'

    The statement above by Precision Castparts (NYSE: PCP) clearly shows its supremacy in the industry. PCP is a leading manufacturer of high quality components serving the aerospace, power, and industrial markets. The company enjoys a monopoly in producing large metal castings, meeting cost and quality standards for its customers.

    The recent 13F disclosures by the more »

  • Three of Warren Buffett's New Buys

    By Anh HOANG - November 16, 2012 | Tickers: BRK-B, BRK-A, DE, PCP, WBC

    All investors would like to achieve a great investment record like Warren Buffett. That is why we love to follow his speeches, his teachings, and his ideas. It would be quite useful for us to closely follow the movement of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) in the stock market. Recently, Berkshire Hathaway revealed its three newest investments: Deere & Company (NYSE: DE), Wabco Holdings (NYSE: WBC), and Precision Castparts (NYSE: PCPmore »)

  • Is Now a Good Time to Monkey Warren Buffett?

    By Meena Krishnamsetty - November 15, 2012 | Tickers: DE, GE, JNJ, PCP, UPS

    There are few people whose words can move entire markets, and Warren Buffett is once such man. While the famed value investor and Berkshire Hathaway have disclosed surprising 13F filings before, this quarter's is especially interesting, as new positions in Deere & Company (NYSE: DE) and Precision Castparts (NYSE: PCP) were disclosed, along with massive cuts to General Electric (NYSE: GE)Johnson & Johnson (NYSE: JNJ), and United Parcel Service (NYSE: UPSmore »)

  • One Stock I Just Should Have Bought

    By Matthew DiLallo - November 15, 2012 | Tickers: ATI, PCP, RTI, BA, TIE.DL

    Tell me if this sounds familiar.  You spent hours and maybe even days researching a company.  You like their long term growth prospects, the valuation is compelling and so it makes sense (and hopefully more than cents) to add the company to your portfolio.  However, being of the value sort (ok, let's admit it, you're a cheapskate) you’ve decided to wait for an even better price.  Maybe more »

  • Boeing is Ready to Take Off

    By Ankit Agrawal - September 17, 2012 | Tickers: HXL, PCP, SPR, BA

    The Boeing Company (NYSE: BA) announced its impressive 2Q results in july with revenue, EBIT margin, and EPS all ahead of the consensus estimates. Year to date sales were up 25% and operating profit was up 23%. Going forward, I believe Boeing's product lines are in demand because of the efficiencies built in. Airlines will want these aircraft more for replacement than the riskier growth strategy in the past more »

  • Why Does Chuck Royce Love Reliance Steel & Aluminum?

    By Meena Krishnamsetty - August 31, 2012 | Tickers: ATI, PCP, RS, WOR

    Large investment fund Royce & Associates, managed by Chuck Royce, recently filed its 13F for the second quarter of 2012 and reported that its fourth largest position was $4 billion market cap metal fabricator Reliance Steel & Aluminum (NYSE: RS). The fund’s 6.2 million shares was slightly down from the end of March but the fund has been a major investor for over a year and have shared in the more »

  • Price The Market Part 31

    By Glen Bradford - January 7, 2012 | Tickers: BEAV, PCP, TSO, BA, WMB, WPX

    I want to get away. I want to fly away. Yeah. Yeah. Come with me on my journey to price the S&P500. I've got to get away. Oh. Oh. Oh yeah!

    149. Tesoro Petroleum Co. (NYSE: TSO) is another refinery. In fact, in terms of the dynamics at play I think that this is very similar to Valero that I covered just before Tesero. Target: $23-$26. I more »