Saturday, September 19, 2015

Precisiom Castparts Equity Analysis

Precision Castparts (NYSE:PCP) missed analyst estimates for revenue and EPS in its first-quarter results, yet the stock moved sharply higher on the day. The company has disappointed investors with its past few earnings reports, but that wasn't enough to stop Warren Buffett's Berkshire Hathaway from adding to its position in the stock. Despite the disappointments, or possibly because of them, the stock has become a value proposition. Let's look at what happened in its first quarter.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED