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Spirit Aerosystems: Beyond Boeing

 Apr 14, 2008 01:44 PM UTC
Return Risk
-2.04% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
BA n/a
SPR Positive 04/14/08 -26.59% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Every time Boeing (BA) gets a cold, its suppliers seem to catch pneumonia. In some instances, that's deserved, but not with Spirit Aerosystems Holdings
(SPR). Trading at $25.01 per share, SPR is trading somewhat below its
200-day moving average and was walloped a few weeks ago when earnings
met the company prediction, but were two cents short of analysts'
expectations. SPR has a 52-week trading range of $21.07-$41.72 and the
PE is presently 11.7.

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Spirit Aerosystems Holdings is based in
Wichita, Kansas at the former Boeing site. It has locations
elsewhere in the U.S., U.K. and soon, Kuala Lumpar and Europe. SPR
provides manufacturing and design expertise for a wide range of
products and services for aircraft original equipment (specializing in
fuselage, propulsion and wing systems), aftermarket parts and retro-fit
packages.


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