Posted
Jun 18 2008, 02:36 PM
by
Dave Dispennette
The Playbook 100
NNBR @ $13.79 (N N Inc.) manufactures bearing components for transportation, electrical, agricultural construction and machinery industries. Revenues have increased between 13% and 32% during the last four quarters. Earnings have increased 33% and 45% during the last two quarters and are expected to grow 35% this year and another 23% in 2009 to $1.24 a share. Average daily volume has steadily increased as mutual funds start to discover this company. We are establishing half a position here and will enter the remaining half on a pull back to $12.25. Our stop loss will be set at $11.50.
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