Saturday, March 15, 2014

Top 10 Mid Cap Stocks To Buy For 2014

Top 10 Mid Cap Stocks To Buy For 2014: Hardinge Inc.(HDNG)

Hardinge Inc., together with its subsidiaries, designs, manufactures, and distributes machine tools in North America, Europe, Asia, internationally. It offers high-precision computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures, and other industrial products, as well as related accessories, including work holding, tool holding, and other industrial support products for companies making parts from hard to machine materials, and small and medium-sized independent job shops. The company also offers post-sale support services, including operation and maintenance training, in-field maintenance, and in-field repair. Its metal-cutting turning machines or lathes are used to remove materials from bar stock or a rough-formed part by moving multiple cutting tools against the surface of a part rotating at high speeds in a spindle mechanism; grinding machines are used to finish parts of various shapes and sizes; and machin ing centers are used to remove materials from stationary, prismatic, or box-like parts of various shapes. Hardinge Inc. serves aerospace, automotive, communications, computer, construction equipment, defense, energy, farm equipment, medical equipment, recreational equipment, and transportation industries. It sells its products through distributors, agents, and manufacturers? representatives. The company was founded in 1890 and is headquartered in Elmira, New York.

Advisors' Opinion:
  • [By John Emerson]

    Hardinge (HDNG) the Perfect Fit to the Investment Puzzle

    Several years earlier I had started following the machine tool sector and I became quite familiar with Hardinge. Although I never invested in the stock (I had opted for Hurco), I had noted that Jeffrey Gendell had been purchasing shares the company. Hurco (HURC) had much higher margins! and it was my belief that the superior quality of their computerized machine tools and their accompanying software were reflected in their earnings. Hurco also held a vastly superior balance sheet at the time I made my investment.

  • source from Top Stocks Blog:http://www.topstocksblog.com/top-10-mid-cap-stocks-to-buy-for-2014.html

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