Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

marzan

07/18/23 2:04 AM

Post #4

https://www.bloomberg.com/news/articles/2023-07-18/novartis-raises-outlook-plans-buyback-of-up-to-15-billion

mik1234

07/27/21 3:34 PM

Post #3

Lookin good AMN

ClarkKant

04/25/20 7:48 AM

Post #2

$AMN hit $90 a month ago now $44. 3 consecutive days with new 52-week lows. Looking for a nice bounce here back to at least $60.

momentum74 Free

12/20/10 9:29 PM

Post #1

76.89 -8% AMN Bullish DD article pasted/link
I picked some up today for a bounce trade.

Ameron International: Get Ready to Invest in Infrastructure
by: Jim Van Meerten December 16, 2010 Visit Financial Tides
Submit an
article to
With the worldwide economy poised for expansion there's a lot of money to be made in infrastructure construction projects. So this morning I added Ameron International (AMN) to the Barchart Van Meerten New High Portfolio.

The company is a multinational manufacturer of highly-engineered products and materials for the chemical, industrial, energy, transportation and infrastructure markets. Traded on the New York Stock Exchange, Ameron is a leading producer of water transmission lines, fiberglass-composite pipe for transporting oil, chemicals and corrosive fluids and specialized materials and products used in infrastructure projects. The company operates businesses in North America, South America, Europe and Asia. It also participates in several joint-venture companies in the U.S. and the Middle East.

Basically AMN will supply the pipes and poles to move petroleum, chemical, water and electricity The company makes products in concrete, steel and fiberglass.

The stock came under my radar when screening on Barchart for stocks hitting new highs. The stock currently has momentum hitting new highs in 18 of the last 20 trading sessions for a 25.59% gain. That earned the stock a 96% Barchart technical buy signal. The Relative Strength Index is 83.69% and rising. It currently trades around 84.10 which is well above its 50-day moving average of 69.85.

Wall Street brokerage analysts are beginning to notice this company and both of the analysts following them have published Strong Buy reports. The concensus is for a 9.40% increase in sales and a 32.40% increase in earnings for the coming year. EPS growth at an annual rate of 12.00% is expected for the next five years.

It seems small investors have beaten the big boys to this stock with the CAPS members on Motley Fool voting 208 to 15 that the stock will beat the market. The vote of the more experienced All Star group is a solid 81 to 2 for the same result. Fool notes that the last four articles by Wall Street columnists have been positive.

Put this one on your watch list and remember:

•96% Barchart technical buy signal
•18 new highs and up 25.59% in the last 20 trading sessions
•Wall Street Strong Buy recommendations based on increased sales and earnings
•Positive investor sentiment

Disclosure: I am long AMN.
About the author: Jim Van Meerten Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More Company: Marketocracy Capital Management
Blog: Barchart Portfolio Blogs
58073
Followers58
FollowingFollowSend Message

http://seekingalpha.com/article/242312-ameron-international-get-ready-to-invest-in-infrastructure?source=yahoo

Ameron International Corporation (AMN)

Followers	3	Posters	4
Posts (Today)	0	Posts (Total)	4
Created	12/20/10	Type	Free
Moderators

Ameron International Corporation 245 South Los Robles Avenue Pasadena, CA 91101-2820 United States - Map Phone: 626-683-4000 Fax: 626-683-4060 Website: http://www.ameron.com Details Index Membership: N/A Sector: Industrial Goods Industry: General Building Materials Full Time Employees: 2,400 Business Summary Ameron International Corporation, together with its subsidiaries, manufactures and sells engineered products and materials for the chemical, industrial, energy, transportation, and infrastructure industries from its plants in North America, South America, Europe, and Asia. It operates in three groups: Fiberglass-Composite Pipe, Water Transmission, and Infrastructure Products. The Fiberglass-Composite Pipe group offers filament-wound and molded fiberglass pipes, tubes, fittings, and well screens for the industrial, petroleum, chemical processing, and petrochemical industries, as well as for service station piping systems, aboard marine vessels, and offshore oil platforms. The Water Transmission group supplies concrete cylinder pipes, prestressed concrete cylinder pipes, steel pipes, and reinforced concrete pipes for water transmission, and storm and industrial waste water and sewage collection; large-diameter wind towers for the U.S. wind-energy market; and polyvinyl chloride and polyethylene sheet lining for the protection of concrete pipe and cast-in-place concrete structures. The Infrastructure Products group provides ready-mix concrete, basaltic aggregates, dune sand, concrete pipes, and box culverts to the construction industry in Hawaii; and concrete and steel poles for highway, street, and outdoor area lighting, as well as for traffic signals. The company markets its products directly through its-owned sales force, as well as through sales agents, manufacturers' representatives, distributors, and licensees. Ameron International, through its joint ventures, manufactures and sells concrete pressure pipes; glass reinforced epoxy pipe and fittings; and reinforcing bars. The company was formerly known as Ameron, Inc. and changed its name to Ameron International Corporation in 1996. Ameron International was founded in 1907 and is headquartered in Pasadena, California.