Moog (MOG-A)

I’m pleased to announce that Moog (MOG-A) will be final stock on the 2008 Buy List. This late addition is to replace Respironics (RESP) which recently announced that it’s being bought out.
I’ll start tracking the 20 stocks of the 2008 Buy List on Wednesday, January 2 which will be the first day of trading of the new year. Once trading begins, I can’t make any changes for the rest of the year.
Here’s a description of Moog from Hoovers:

Moog (rhymes with “rogue”) rules with its precision-control components and systems used in aerospace products, industrial machinery, and medical equipment. Servoactuators, Moog’s core product, receive electrical signals from computers and then perform specific actions. Using its servoactuators, Moog builds flight and control systems for commercial and military aircraft, hydraulic and electrical controls for plastic-injection and blow-molding machines, and control systems for satellites and spacecraft. The company also makes electric motors for sleep apnea equipment. Employees hold about 60% of Moog through stock ownership and retirement plans.

Here’s a look at the growth of Moog’s earnings-per-share:
Year………..EPS
1997………..$0.56
1998………..$0.67
1999………..$0.80
2000………..$0.84
2001………..$0.94
2002………..$1.11
2003………..$1.22
2004………..$1.45
2005………..$1.64
2006………..$1.97
2007………..$2.34
2008………..$2.72 (estimate)
2009………..$3.16 (estimate)
Pretty solid.
Here once again is the 2008 Buy List:
AFLAC (AFL)
Amphenol (APH)
Bed Bath & Beyond (BBBY)
Clarcor (CLC)
Donaldson (DCI)
Danaher (DHR)
FactSet Research Systems (FDS)
Fiserv (FISV)
Harley-Davidson (HOG)
Jos. A Bank Clothiers (JOSB)
Leucadia National (LUK)
Lincare (LNCR)
Medtronic (MDT)
Nicholas Financial (NICK)
Moog (MOG-A)
SEI Investments (SEIC)
Stryker (SYK)
Sysco (SYY)
UnitedHealth Group (UNH)
WR Berkley (BER)

Posted by on December 29th, 2007 at 7:02 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.