Lufkin Industries Inc.  (LUFK) Trade Now »     Rate LUFK  -  Discuss LUFK  -  Add to Watch List        

Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice!  As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

I have been doing a little bit of "micro-managing" of my portfolio.  I swapped out my VIVO for RMD hoping to catch a bit more momentum, and now, noting that my Lufkin (LUFK) stock, which I just recently purchased 7/16/08 at a cost basis of $91.10 has been struggling while the rest of the mar

Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice!  As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

Yesterday I wrote about how I had sold a portion of my Graham (GHM) at a gain, and thus had a 'permission slip' to be adding a new holding to my portfolio.   And I commented how that nickel was already 'burning a hole in my pocket'!

Reminds me of that old Cracker Jack Jingle: 

What do you want

Filed under: Earnings reports, Technical Analysis, Stocks to Buy

Lufkin Industries (NASDAQ: LUFK) serves the heavy industry arena. Its oil field division manufactures, services and refurbishes oil field pumping units. It also provides computer control equipment for the units and operates an iron foundry to produce castings for new units. The company's power transmission segment provides gearboxes for industrial applications and makes parts for after-market service. The firm operates in North America, Latin America and Europe.

Lufkin pleased investors last week, when it reported Q1 EPS of $1.0