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BUY: Lufkin Industries, Inc. (Public, NASDAQ: LUFK)


BUY: Lufkin Industries, Inc. (Public, NASDAQ: LUFK) $54.25 (3/19/07)

Sell price: $56.96 or
Sell date: April 19, 2007
Stop loss: $51.20 (-5.6%)

Intermediate trend possibly bullish, Sideways trend near lower support.
Great value: forward P/E (21% lower than current) and PEG ratio (around 0.5)
Mild bullish 3 day chart pattern.
Strong bullish take-over and accumulation Monday
Bounced off support at $52.95 after consolidation at that point for few weeks

Profile: Lufkin Industries, Inc. is a global supplier of oil field, power transmission and trailer products. The Company is divided into three operating segments: Oil Field, Power Transmission and Trailer. Through the Company’s Oil Field segment, it manufactures and services artificial reciprocating rod lift equipment and related products, which are used to extract crude oil and other fluids from wells. Through its Power Transmission segment, Lufkin Industries manufactures and services gearboxes for industrial applications. Through its Trailer segment, the Company manufactures various highway trailers, including van, float and dump trailers.



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This entry was posted on Monday, March 19th, 2007 at 3:55 pm and is filed under Buys. You can subscribe via RSS 2.0 feed to this post's comments. Both comments and pings are currently closed.

One Comment on “BUY: Lufkin Industries, Inc. (Public, NASDAQ: LUFK)”

  1. Five Percent Stocks » Blog Archive » GOAL REACHED: Lufkin Industries, Inc (NASDAQ: LUFK) Says:
    March 29th, 2007 at 2:48 pm

    [...] See the original BUY posting for (LUFK) Subscribe to our RSS feed Explore posts in the same categories: Goal Reached, Closed positions [...]