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Precision Castparts: Part 1 - Overview of an Abandoned Growth Story

Posted June 19th, 2008 by jeffreylindotnet
 
Read the full article: http://flyboysfund.jeffreylin.net/2008/06/16/precision-castp...
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Precision Castparts (PCP) has been on a nasty slide down to $100 since tapping $130 when it reported earnings on May 6, 2008. Stocks who supply products going into commercial airlines, including PCP, continued to be sold off. Investors seem spooked by recent fleet downsizing by the major U.S. carriers on the back of high oil prices and struggling consumers.

Vested Interest: 
PCP
Stock Symbol: PCP PRECISION CASTPAR Stock Price: $94.30 Todays Change: +0.52 (+0.55%)

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