This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Equipment Stocks to Buy: Analysts

NEW YORK ( TheStreet) -- Capstone Turbine (CPST - Get Report), Arrow Electronics (ARW - Get Report), TTM Technologies (TTMI - Get Report), Anixter International (AXE - Get Report) and Hubbell (HUB.B) manufacture electrical and electronics products used by other businesses.

These stocks are expected to rise between 27% and 59% over the next year, according to the average price targets of analysts surveyed by Bloomberg.

We have listed these stocks in ascending order of potential upside based on average price targets.

Hubbell designs and builds electrical and electronics products for a range of nonresidential and residential construction, industrial and utility applications. The company structures its operations into two segments: Electrical and Power.

Net sales for the first quarter of 2011 came in at $658.1 million, vs. $570.5 million in the year-earlier quarter. Electrical segment net sales increased 14% year over year to $466.1 million, while Power segment net sales surged 19% to $192 million during the quarter.

>> Keep the stock market at your fingertips with TheStreet's iPad app.

Operating income during the first quarter was $83.6 million, or 12.7% of net sales, compared with $65.7 million, or 11.5% of net sales, for the comparable period in 2010. Net income was $50.3 million, vs. $38.6 million in same quarter of 2010.

Timothy H. Powers, the company's CEO, has said, "Based on early indications of improving market demand and higher price realization, we are now forecasting sales to increase by 5% to 7% for the year."

Based on the average analyst price target from Bloomberg, the stock is expected to rise 27% over the next year. Sixty-seven percent of analysts surveyed by Bloomberg have buy ratings on the stock.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ARW $61.10 0.00%
AXE $74.52 0.00%
CPST $0.63 0.00%
TTMI $8.85 0.00%
AAPL $123.25 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs