Precision Hits the Bull's-Eye Again

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Today leads off with Precision Castparts(PCP Quote), a manufacturer of complex metal components and products for the aerospace and industrial gas turbine industries. It has been rated a buy since June 2005.

The company has completed recent acquisitions to expand its casting, forging and fastener product offerings, and that should fuel revenue growth. Precision also shows net income increases resulting from margin expansion and higher income from continued operations (which were partially offset by higher interest expense and taxes).