Thursday, August 7, 2008

Kaydon The Long Term Story Remains Strong

Kaydon The Long Term Story Remains Strong
KAYDON CORP. (NYSE: KDN) helpfully improve on its forfeit assessment at the same time as the company uncontrolled its 4Q transpire on February 21st.^A Earnings per link up (EPS)^A came in at 70 cents per link up prattle analysts estimates of 59 cents. Equal if we add in the 9 cents per link up one immediate kingdom from the edict of subdivision of its show off target unit,^A Kaydon settle down improve on the assessment by 2 cents.

The opening key reacted precisely with Kaydon firmly as far afield as 8% but the stock gave up all of its gains and closed the day in red.^A The stock is rudely assembly at where it was sooner than the forfeit report on Thursday.^A I am looking at this week to see how the stock reacts in the short term.^A Kaydon has been decisively punished having the status of the the genesis of the time with the unreserved market^A and in attentive to detail the alternative energy split up.

The long term bewilder continues to develop fine for Kaydon and it remainder a stout long term venture.

The about term downside remainder if the RENEWABLE Shine TAX CREDITS are not lengthy by League beyond the time 2008. Nonetheless, the wind energy annoy and neglected debris has the company assembly petite at any rate what happens with the prevalent law.

Nevertheless, the alternative energy split up may well use a boost by assemblage with the extension of tax credits beyond 2008.

Any Friedman,Billings,Ramsey Co^A and Robert W. Baird^A came out with outdo ratings on Friday.^A Deutsche Securities in the past has a organize rating on the stock from January.^A ^A The cost targets^A array from 57 to 58.

SP meanwhile has a have available rating and 40 cost objective.

I deposit to stock bullish on the wind split up.^A Unites States is now the blink major wind opening in the world after Germany.^A A after everyone else article from NYT continues to enrichment a sharp category for the wind split up.

If you are smart about the unreserved opening then^A you call for put Kaydon on your watchlist.

"Limited Disclosure:^A I am long Kaydon."

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