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"Old-fashioned American industrial companies that are poised to benefit from growing international markets will be good investments in 2010," explains Daniel Frishberg,

The host of Bizradio and editor of The MoneyMan Report adds, "Our latest buy recommendation is Timken Company (TKR), which fits perfectly into this model."

Continue reading Timken Co. (TKR): An old-fashioned American industrial

"Old-fashioned American industrial companies that are poised to benefit from growing international markets will be good investments in 2010," explains Daniel Frishberg,

The host of Bizradio and editor of The MoneyMan Report adds, "Our latest buy recommendation is Timken Company (NYSE: TKR), which fits perfectly into this model."

"Our current strategy is to participate in global growth through U.S. companies poised to benefit from money we expect to see flowing into the U.S. stock market in the coming year.

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

BB&T Capital analyst Holden Lewis recommends buying Timken (TKR):

a. He believes investors are focused on the U.S. auto industry woes, blinding them to stable conditions in the larger portion of the business (non-auto bearings, steel) and better execution on the myriad margin opportunities available.

b. Lewis thinks TKR should start to farm investments in IT (Project One), Asian, and aerospace for margins.

c. Sees potential for upside over his forecast horizon based on executing on the margin opportunities at hand.

d. He has a $40 price target on the stock.