David Zanoni
Momentum, growth at reasonable price, long-term horizon

SPX Corporation Has 20% To 30% Upside Potential On Valuation And Growth

SPX Corporation (SPW) looks like a solid combination of value with above average future growth. The company's products are diverse across the following industries: food and beverage, industrial, and power & energy. The company's Flow and Industrial segments are set to drive this year's revenue and earnings growth, while the Thermal segment is likely to contract a little. My analysis will show my revenue projections for each segment going forward with forecasts for SPX's total revenue growth, earnings growth, and where I think the stock price is headed.

Sector Revenue Projections

The Flow segment has been benefitting from the organizational changes and restructuring that it implemented in 2013 and from an increased backlog. This segment comprised 56% of...

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