Today’s recommendation, from Upside, is a growing company that makes everything from industrial brooms to home insulation to heavy-duty vehicle brakes.
“Carlisle Companies, Inc. (CSL, $54) is being upgraded to Best Buy on the strength of its operating momentum and Quadrix scores. A diversified maker of industrial products, the company has a number of attractive growth drivers, including improved construction demand, favorable pricing and cost reductions.
“A long-standing acquisition strategy helps sustain growth. Carlisle’s Overall score of 96 reflects strong scores for Momentum (91) and Earnings Estimates (83). For 2012, consensus per-share profit estimates have trended higher to $4.33, implying 50% growth. Carlisle is a Best Buy.”
- Richard J. Moroney, Upside, September 11, 2012