As readers might already know, Warren Buffett's Berkshire Hathaway has been buying shares of Precision Castparts (NYSE: PCP )
even as the stock has declined in the last year and a half.
Essentially, the bullish case for the metal-components maker is that the
sell-off is due to a combination of nonrecurring events and weakness in
its oil and gas markets, but that the long-term growth potential from
its core commercial aviation market remains intact. Let's look at four
key conclusions from the recent fourth-quarter earnings and how they
relate to the idea of buying the stock.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
No comments:
Post a Comment