Friday, September 30, 2005

EnPro Industries, Inc. (NPO)

NPO is worth looking at. One of the insiders, Steel Partners II, LLP (whoever they are) has been buying again, and their purchases are often followed shortly by a price rise. In addition, NPO has recently reduced their asbestos-related problems, has good relative strength, and is selling for only slightly above S&P-calculated Fair Value.

EnPro Industries should do well if the economy in general does well. This is worth considering. As usual, I am convinced that in the near future the economy in general will either get better, get worse, or move sideways, and it's worth taking all possibilities into consideration.


Post a Comment

<< Home


to my broker review site