Savvy Trades and Investments

[abh3vt]

USAP. One last note; on the call they noted that inventories were higher because they were building supply on hand once they shut down for planned maintenance. These shutdowns are rolling (or at least planned well in advance to upgrade/maintain performance in the forges and factories). That can have an impact on sales in the quarter they occur, but it appears they will be able to lessen or even completely mitigate that because of inventory on hand.

I wouldn't advise jumping in with both feet at these levels (39+) if you are looking to start a position because it's quite overbought and probably susceptible to some profit taking in the short run.....but I thought that about CRS too and its been steadily marching higher post earnings and after a big 11% jump on earnings day.

Does anyone know what % of sales at ADF (in Canada) are to aerospace/defense?