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Daily TopStock Pick: Circor Intl Inc - 8/16/2010

by DB Moenning

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Every trading day, we search our database for a brand new TopStock pick that, in our humble opinion, is in solid technical condition and perhaps, ready to move up.

Our base level investment philosophy is based on the concept of "own the best and ignore the rest." Thus, we focus our attention solely on the TopStocks of the market -- the top ranked stocks in the strongest industry groups.

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Step 1: Identity the Top Sectors and Industry Groups
We first determine the market?s leadership by identifying the top performing sectors and industry groups. From 10 sectors and more than 100 Industry Groups, our proprietary ranking systems (which has been designed in conjunction with the nation's leading independent research firm) identifies the top 5 sectors and the top 20 groups based on momentum, industry strength, and indicators that are specific to the industry being ranked.

Step 2: Isolate the Highest Rated Companies
From more than 2400 stocks, the system identifies the top 5% in terms of earnings strength, earnings momentum, company performance, and relative strength.

Step 3: Select the Strongest Stocks in the Top Industry Groups
We then merge the two rankings and select the top ranked companies that are in the top Industry Groups. This keeps us focused on the best performing stocks in the leading sectors of the market.

And then every weekend, we rerun the TopStock ratings and start all over again!

The TopStock Pick of the Day

The TopStock Pick listed below has met all of our fundamental criteria and currently displays a solid technical "set up" for a buy. The stocks highlighted in our daily Stock Pick reports are definitely on our radar, and may even be in some of our portfolios (see disclosure for details).



Stock


Symbol


Industry

TopStock
Rating
Annualized
Profit
Projection
S.T.
Stop
Loss
Circor Intl Inc CIR Industrial Equipment & Components N/A 15.7% $8.82
Company Profile:
CIRCOR International, Inc. designs, manufactures and markets valves and other highly engineered products and sub-systems that control the flow of fluids in the energy, aerospace and industrial markets. The Company operates through three segments: Energy, Aerospace and Flow Technologies. The Energy segment primarily serves the oil and gas exploration, production and distribution markets. The Aerospace segment primarily serves military and commercial aerospace, transportation and medical equipment markets. The Flow Technologies segment serves a variety of end-markets, including chemical processing, marine, power generation, commercial heating, ventilation and air conditioning (HVAC) systems, petroleum and gas processing and refining, and other general industrial markets. As of December 31, 2009, the Company’s products were sold through over 1,000 distributors and it serviced more than 9,000 customers. In September 2009, the Company acquired Pipeline Engineering Supply Company, Limited.

Stock Rating:
The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 - 10 with 10 being the highest.

Annualized Profit Projections:
The projected annualized return is based on the historical relationship of the stock's TSP's technical model

Disclosure:
At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.

  Circor Intl Inc - Last 3 Months -
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  Circor Intl Inc - Last 12 Months
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  Circor Intl Inc - Last 5 Years
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