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Strategies & Market Trends : Value Investing

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Recommended by:
Jurgis Bekepuris
To: Grommit who wrote (53911)5/19/2014 4:53:22 PM
From: Paul Senior1 Recommendation   of 78748
 
HXL: would be too tough for me to figure to confidently make other than a small bet. It's just not absolutely inexpensive on some measures. Otoh, compared to what else is available out there for value investors in this expensive stock market, HXL stock still might be okay. Garrp stocks (HXL?) may still want to run.

If I recall correctly, this is a family/insider controlled corporation with the owners having a good record for creating value and managing for the long-term. If so, then an investor with a long-term view might do okay.

HXL profit this quarter is buoyed by the commercial aerospace business. I have a position in Precision Cast Parts which also operates in this sector and which may be as good going forward as HXL might be. I'll stick with that for now. Someone else considering entering the sector might choose HXL and be proved right.
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