Thomas & Betts is Setting the Stage for Recovery
George Fisher submits:
Thomas & Betts Company (TNB) was founded in 1889 by Mr. Thomas and Mr. Betts, selling electric conduit in New York City when incandescent lighting was first introduced. Their enterprise has grown into a well-managed mid-cap company that is successfully weathering the current economic conditions.
The company produces and markets 80% of the products needed to carry electricity from the power generating plant to the electrical outlet into which you plug your computer. Fourth-quarter and full-year 2009 results, along with 2010 guidance, were recently announced, and it seems things are looking up. TNB’s markets could be considered “sweet spots” in an economic recovery.
Investing, Long Term Investment, stock market | admin February 12, 2010
RSS feed for comments on this post.
