Seeking Alpha

Harman International Industries (HAR +9%) pushes to the top of the S&P leader board after...

Harman International Industries (HAR +9%) pushes to the top of the S&P leader board after investment firm Relational Investors and California State Teachers' Retirement System buy ~3.9M shares, saying they view the stock as "undervalued."
Comments (1)
  • Angel Martin
    , contributor
    Comments (1294) | Send Message
     
    since harman gets something like 70% of its revenues from europe it is highly exposed to both currency risk and eurozone recession risk.

     

    if you think everything in europe is going to be cool, it might be argued that it is undervalued...

     

    that's a high risk assumption in my book.
    14 Oct 2011, 04:18 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|