FMC Shares Priced For Perfection - Barron's - SA Editor Eli

Sign Up | Log In | What is SocialPicks?

FMC Shares Priced For Perfection - Barron's
May 25, 2008 06:30 PM UTC

SA Editor Eli

Return	Risk
-7.87%	MID

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
FTI		05/25/08	+14.24%	--
SLB	n/a

Via Short Stock Ideas from Seeking Alpha:

FMC Technologies (FTI) is the leading provider of sophisticated sub-sea systems for deep-water drilling. Shares have more than doubled over the past year amid strong earnings growth (30%/year over five years) and market-share gains (now more than 40%). Blowout Q1 earnings and heavy-handed stock repurchases have further enhanced Wall Street's appetite for the stock.

All the same, Barron's Sandra Ward thinks shares are "priced for perfection -- and perfection probably isn't something you want to bet on in the stock market." Lehman's James Crandell agrees: "It's the most fully valued of any stock I cover." FTI fetches more than twice the premium of top oil-services company Schlumberger (SLB).

Read the rest of original post »

Add Comment

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

Your Comment

IN THE PRESS

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.