Wow...this has had a very nice December eond of year run from 33ish level... Motley Fool has alerted its readers to this stock.
"A High-Tech Government Fortress
It's not every day you find a company whose portfolio comprises a motley assortment of gadgets including:
Tools to locate gas and oil reserves beneath the ocean floor.
Devices to monitor air pollutants emitted from industrial stacks.
Mechanisms to detect defects in plastic, metal, and glass food containers.
Helmet-mounted systems used in F-15, F-16, and F-18 aircraft, allowing a pilot to designate a target simply by looking at it.
Imagine if you were a potential customer -- these aren't products you'd buy from just any company...
You'd demand a long track record of success, decades' worth of experience, and plenty of knowledge of the relevant rules and regulations.
And that's exactly what makes this company so attractive...
Founded in 1960 by a man whom Warren Buffett considers one of the world's best capital allocators, this company quickly developed a reputation as a high-quality technological powerhouse.
As a result, it's won contracts left and right from the U.S. government -- with the Department of Defense being the biggest client. It's built all sorts of gadgets for the Army, the Navy, and the Air Force -- even NASA's Hubble Space Telescope.
The federal government was responsible for over 40% of its nearly $2 billion in sales over the past year.
It's no household name, but Teledyne Technologies [NYSE: TDY] has the potential to hand investors attractive returns.
Especially now that the company is focusing on gaining more governmental contracts -- business that comes with extremely high barriers to entry, keeping potential competitors far away.
The best part is... the market has hammered down shares of this technological titan...
We believe that the stock is worth about $45.
The stock is currently sitting at $35, so you can get in while it's cheap... with a nice margin of safety."
Well they have it right so far with a $4 gain in just a couple of weeks since their alert.
DD22
