Precision Castparts Corp.

PCP-N

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about PCP-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
July 7, 2016

(A Top Pick July 2/15. Up 18.04%.) This was acquired in January.

Show full opinionHide full opinion

(A Top Pick July 2/15. Up 18.04%.) This was acquired in January.

PAST TOP PICK
PAST TOP PICK
April 12, 2016

(A Top Pick May 12/15. Up 10.35%.) Taken over by Berkshire Hathaway.

Show full opinionHide full opinion

(A Top Pick May 12/15. Up 10.35%.) Taken over by Berkshire Hathaway.

PAST TOP PICK
PAST TOP PICK
March 28, 2016

(A Top Pick Feb 20/15. Up 9.21%.) Acquired by Berkshire Hathaway.

Show full opinionHide full opinion

(A Top Pick Feb 20/15. Up 9.21%.) Acquired by Berkshire Hathaway.

COMMENT
COMMENT
September 3, 2015

This is about to be acquired by Berkshire Hathaway. They offered $235 a share and he sold his holdings. If you own, tender or sell the stock and look to buy something else.

Show full opinionHide full opinion

This is about to be acquired by Berkshire Hathaway. They offered $235 a share and he sold his holdings. If you own, tender or sell the stock and look to buy something else.

BUY
BUY
August 6, 2015

Still bullish on this stock. It has had some ups and downs since recommending. It had some bad news from Boeing. But it should be just a temporary thing. Facing some headwind with the energy industry, not selling heavy casting in the energy industry. Tremendous manufacturing business in the US. Quite happy with it and should see it go north of $200. Good value at this price.

Show full opinionHide full opinion

Still bullish on this stock. It has had some ups and downs since recommending. It had some bad news from Boeing. But it should be just a temporary thing. Facing some headwind with the energy industry, not selling heavy casting in the energy industry. Tremendous manufacturing business in the US. Quite happy with it and should see it go north of $200. Good value at this price.

DON'T BUY
DON'T BUY
July 9, 2015

Makes parts for the aerospace industry. Aerospace has been going through a replacement cycle of new plane upgrades, so companies like Boeing (BA-N) have had a pretty good go over the last number of years. This company had very, very strong growth because their content per plane was going up. They have seen a deceleration over the last few quarters, so the stock is down over the last year. If you need to own something in the space, you could look at Boeing, which has consolidated over the last 4 months.

Show full opinionHide full opinion

Makes parts for the aerospace industry. Aerospace has been going through a replacement cycle of new plane upgrades, so companies like Boeing (BA-N) have had a pretty good go over the last number of years. This company had very, very strong growth because their content per plane was going up. They have seen a deceleration over the last few quarters, so the stock is down over the last year. If you need to own something in the space, you could look at Boeing, which has consolidated over the last 4 months.

TOP PICK
TOP PICK
July 2, 2015

They make primarily parts for airplanes. Boeing recently ran down their inventory. The stock is down 16% year to date. 16 times earnings. This is a real premier industrial company and is a bargain. Low yield, but he thinks there is potential for an increase as well as stock buy backs. Sees it in the $250 range when oil recovers.

Show full opinionHide full opinion

They make primarily parts for airplanes. Boeing recently ran down their inventory. The stock is down 16% year to date. 16 times earnings. This is a real premier industrial company and is a bargain. Low yield, but he thinks there is potential for an increase as well as stock buy backs. Sees it in the $250 range when oil recovers.

TOP PICK
TOP PICK
May 12, 2015

Makes castings for oil companies and refineries, which isn’t doing so well, but almost half of their sales come from large aircraft manufacturers, a business that is hard to get into if you are not already in it. A very well run old American company with very strong management. Good upside potential. Dividend yield of .06%.

Show full opinionHide full opinion

Makes castings for oil companies and refineries, which isn’t doing so well, but almost half of their sales come from large aircraft manufacturers, a business that is hard to get into if you are not already in it. A very well run old American company with very strong management. Good upside potential. Dividend yield of .06%.

BUY
BUY
May 7, 2015

They have warned twice this year. The problem is that they have some exposure to oil and gas. No one is ordering drill parts. There is big exposure to airplanes including demand from China for bigger models. Gushing free cash flow and it is a good time to buy this stock. He is looking out 3-5 years.

Show full opinionHide full opinion

They have warned twice this year. The problem is that they have some exposure to oil and gas. No one is ordering drill parts. There is big exposure to airplanes including demand from China for bigger models. Gushing free cash flow and it is a good time to buy this stock. He is looking out 3-5 years.

TOP PICK
TOP PICK
February 24, 2015

This company makes all the nuts and bolts and complex metal parts that go into aerospace engines and airplanes. They sell to Boeing, Airbus, Rolls-Royce and GE. Backlog is massive. Like a lot of companies, this has some exposure to oil/gas, which hurt their earnings a little bit and the stock has fallen about 30%. He sees, over the next 10-15 years, aircraft demand doubling, mainly due to Asian aircraft travel including cargo and business travel. Great free cash flow. Dividend yield of 0.06% and it is growing.

Show full opinionHide full opinion

This company makes all the nuts and bolts and complex metal parts that go into aerospace engines and airplanes. They sell to Boeing, Airbus, Rolls-Royce and GE. Backlog is massive. Like a lot of companies, this has some exposure to oil/gas, which hurt their earnings a little bit and the stock has fallen about 30%. He sees, over the next 10-15 years, aircraft demand doubling, mainly due to Asian aircraft travel including cargo and business travel. Great free cash flow. Dividend yield of 0.06% and it is growing.

COMMENT
COMMENT
January 26, 2015

Precision Castparts (PCP-N) or Raytheon (RTN-N). Which would be better for getting into the US military defence sector? This one is more focused on commercial jetliners while Raytheon is more about military systems. We are at a point in the cycle where the US is likely going to have to increase their spending on defence, and it is fairly early in the cycle for this group. Because of this, he would prefer to own Raytheon.

Show full opinionHide full opinion

Precision Castparts (PCP-N) or Raytheon (RTN-N). Which would be better for getting into the US military defence sector? This one is more focused on commercial jetliners while Raytheon is more about military systems. We are at a point in the cycle where the US is likely going to have to increase their spending on defence, and it is fairly early in the cycle for this group. Because of this, he would prefer to own Raytheon.

TOP PICK
TOP PICK
October 30, 2014

Forge and cast products, very complex products. Likes it because these products are used for jet engines and turbines and in the automotive and oil and gas sectors. The company is going to be in demand for their products. Looking at 17% increase in next year’s earnings. A classic industrial play. He is looking for aviation to get better.

Show full opinionHide full opinion

Forge and cast products, very complex products. Likes it because these products are used for jet engines and turbines and in the automotive and oil and gas sectors. The company is going to be in demand for their products. Looking at 17% increase in next year’s earnings. A classic industrial play. He is looking for aviation to get better.

BUY WEAKNESS
BUY WEAKNESS
May 1, 2014

Went through a consolidation recently which was in line with the markets. He really likes the aerospace industry and these guys sell into it. If it can hang in around $242 he believes it will recover.

Show full opinionHide full opinion

Went through a consolidation recently which was in line with the markets. He really likes the aerospace industry and these guys sell into it. If it can hang in around $242 he believes it will recover.

BUY
BUY
April 9, 2013

Boeing and Airbus are into a new product cycle and one of the big beneficiaries of this is the parts providers. Cost of capital is very low right now so the airlines are all trying to become more efficient.

Show full opinionHide full opinion

Boeing and Airbus are into a new product cycle and one of the big beneficiaries of this is the parts providers. Cost of capital is very low right now so the airlines are all trying to become more efficient.

PAST TOP PICK
PAST TOP PICK
July 10, 2012
(A Top Pick June 28/11. Up 2.23%.) Cut a lot of economically sensitive stocks from his portfolio in February and March. Came out at around $170 a share. (About 6.5%. Ed.)
Show full opinionHide full opinion
(A Top Pick June 28/11. Up 2.23%.) Cut a lot of economically sensitive stocks from his portfolio in February and March. Came out at around $170 a share. (About 6.5%. Ed.)
PAST TOP PICK
PAST TOP PICK
May 17, 2012
(A Top Pick June 28/11. Up 5.27%.)
Show full opinionHide full opinion
(A Top Pick June 28/11. Up 5.27%.)
BUY
BUY
October 25, 2011
Machine parts for aircraft engines. Huge replacement cycle going on in the industry so these guys are a big beneficiary. Buy it here. Companies in this space are reporting good numbers.
Show full opinionHide full opinion
Machine parts for aircraft engines. Huge replacement cycle going on in the industry so these guys are a big beneficiary. Buy it here. Companies in this space are reporting good numbers.
HOLD
HOLD
August 31, 2011
Has done beautifully. Lots of fair market value potential. If ti gets to $180-$185 mark that would be everything that you will see this time around.
Show full opinionHide full opinion
Has done beautifully. Lots of fair market value potential. If ti gets to $180-$185 mark that would be everything that you will see this time around.
Ross Healy

Unlock Ratings

Price
$163.850
Owned
Unknown
BUY
BUY
August 18, 2011
Manufactures jet engine parts. We are in a long cycle of replacement for aircraft. Supplies both Boeing (BA-N) and Airboss (BOS-T). Good support around $140. Very strong earnings.
Show full opinionHide full opinion
Manufactures jet engine parts. We are in a long cycle of replacement for aircraft. Supplies both Boeing (BA-N) and Airboss (BOS-T). Good support around $140. Very strong earnings.
TOP PICK
TOP PICK
June 28, 2011
Likes secular themes and thinks a lot of money will be spent on planes in the next couple of years. At Paris air show there were more orders than in many years. Every jet engine has their cast parts in them. You have new fuel-efficient engines coming.
Show full opinionHide full opinion
Likes secular themes and thinks a lot of money will be spent on planes in the next couple of years. At Paris air show there were more orders than in many years. Every jet engine has their cast parts in them. You have new fuel-efficient engines coming.
DON'T BUY
DON'T BUY
June 21, 2007
He has a model price of a $83.59, a negative 30% differential.
Show full opinionHide full opinion
He has a model price of a $83.59, a negative 30% differential.
BUY
BUY
December 11, 2006
Manufacture parts out of titanium, specialty steels, etc for the aerospace industry. Have long-term contracts. Really well managed.
Show full opinionHide full opinion
Manufacture parts out of titanium, specialty steels, etc for the aerospace industry. Have long-term contracts. Really well managed.
PAST TOP PICK
PAST TOP PICK
May 11, 2006
(A Top Pick Feb 9/06. Up 30%.) The aerospace cycle is one of the best things out there. Still a good price.
Show full opinionHide full opinion
(A Top Pick Feb 9/06. Up 30%.) The aerospace cycle is one of the best things out there. Still a good price.
TOP PICK
TOP PICK
February 9, 2006
Manufacture titanium parts for airplanes. They have a 70% market share in some of the pieces that go into the landing gear for example. Fantastic management. Do a fair amount of acquisitions and are really good at integrating them.
Show full opinionHide full opinion
Manufacture titanium parts for airplanes. They have a 70% market share in some of the pieces that go into the landing gear for example. Fantastic management. Do a fair amount of acquisitions and are really good at integrating them.
Showing 1 to 24 of 24 entries
  • «
  • 1
  • »