Large Cap / Capital Goods / Household & Personal Products / Materials
Purchase Recommendation - February 2012
With roots going back more than 160 years, this glass and ceramics producer’s stock has taken a recent beating—despite encouraging corporate reporting. The Turnaround Letter thinks its strong finances, R&D commitment and recent dividend increases make it a very appealing prospect for a patient turnaround investor.
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While banks do still face headwinds such as ongoing litigation, increased regulation and reduced trading profits, these have been so heavily trumpeted in the financial headlines that bank stock prices have over-reacted on the downside.
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Current Total Returns
Total returns cover the fulll year 2013.
Note: Returns are not adjusted for inflation.
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