http://suprastock.blogspot.com/2009/07/quick-hit-trade-1-spar...
Spartan Motors ( SPAR ) helps construct some of the biggest, toughest vehicles in the world, from fire trucks to concrete mixers to military vehicles. Unlike conventional vehicle makers, Spartan’s equipment is much more than just transportation—these machines are a necessity.
Because of this need for SPAR vehicles and massive government spending, the company has seen very strong sales even during these tough times. Infrastructure spending as part of the massive $787 billion stimulus package has increased demand for concrete mixers, local governments are still buying new and improved fire trucks and ambulances to keep their citizens safe, and military vehicles like the heavily armored MRAP keep our troops safe in Iraq and Afghanistan.
The proof is in the numbers. In the first quarter, while America was struggling in the depths of the recession, Spartan Motors posted a stunning 171% earnings surprise! Shares have been edging up in anticipation of the next quarterly report, which will be released on Thursday, July 23, so don’t delay your purchase of this breakout stock. Buy SPAR immediately before it reports earnings!
$9.51 (07/21/09)
