Home Picks Investors Groups Discuss! Research

Search

Sign Up   |   Log In   |   What is SocialPicks?

Please sign up for SocialPicks site access - it's free!

Joseph Lazzaro Return Risk +1.63% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed ATK 03/28/08 -15.35% -- Via BloggingStocks:   Filed under: Stocks to Buy With the U.S. economic landscape remaining uncertain, it's prudent to add a defensive stock or two to your portfolio, and with the aforementioned in mind Alliant Techsystems is worth an evaluation. Alliant Techsystems (NYSE: ATK) is an ammunition supplier and rocket engine / motor manufacturer with substantial United States Government contracts. Analysts like Alliant's strong fundamentals, solid U.S. Department of Defense orders for ammunition, equally impressive launch systems work from NASA, and sporting ammunition business. Analysts also believe ATK is well-positioned to capture a portion of the U.S. DOD's work for next-generation weapon systems. Meanwhile, margins should improve slightly in F2008 to 11%, and costs, while not low, are reasonable. The Reuters F2008/F2009 EPS consensus estimates for ATK are $6.39/$7.38. The risks? An early withdrawal of U.S troops from Iraq would lower ATK's revenue for F2009-F2010. Analysts are also keeping an eye on the company's productivity per man hour. The First Call mean rating for ATK is: Buy. [12 firms.] Mean 2008 target: $128. [high: $136, low: $120.] Stock Analysis: Alliant Techsystems is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than 2 years should be rewarded from ATK's shares. Sell / Stop Loss if you were to purchase shares in this company: $68. Disclosure: Lazzaro has no positions in stocks. In addition to private real estate holdings, he owns corporate and municipal bonds, and cash certificates of deposit. Permalink | Email this | Comments <map name="google_ad_map_145-1151655"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1151655?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>   Read the rest of original post »

Be the first to comment on this story and earn 2 points.

IN THE PRESS

About  |   RSS  |   Feedback  |   Contact Us  |   Terms of Service  |   Privacy

© 2009 FinancialContent Services, Inc.

Data powered by FinancialContent.  All Rights Reserved.   Quotes delayed at least 20 minutes unless otherwise indicated.

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.