Moog Breaks Above $44

One of the more puzzling stocks on our Buy List has been Moog ($MOG-A). Despite impressive earnings, the stock hasn’t done much of anything.

Moog’s stock took a hit earlier this month and I highlighted it in the March 9th issue of CWS Market Review. The stock finally came to life today and broke above $44 per share. The story continues to look very good. Moog has reiterated its forecast of full-year earnings of $3.31 per share.

I’m expecting another good earnings report in a month.

Posted by on March 26th, 2012 at 12:09 pm

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