Flowserve is another stock that I studied back in spring. Like Foster Wheeler, I had almost no recognition of what it does, but man, I liked the stock. Even back at 77, when FLS turned out a great earnings report, it sold off and I was stunned. I still didn't buy shares, but eventually, the market caught up and sent FLS on a magic carpet ride.
FLS is up 33% since that temporary selloff. The opportunity passed. Eyes open for the next one.
Pupule's Top 25 (Dec. 25)
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