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General Cable Corporation Message Board

  • ron0323 ron0323 Nov 22, 2008 12:36 PM Flag


    Been watching this stock for awhile, does anyone think that Obama and new infrastructure development he proposed will benefit BGC

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    • Yes i do! But this stock has some unseen problems. I own the stock and talked to management, and everything seems on the up! But nothing is safe in the enviroment apparently, and deep resession. It has been dumped hard over 3 months, and I can't find exactly why. Strange! But the obama's plan to create jobs from infrastructure and bgc should reep the benefits.

    • If one can draw a distinction between Obama's plan to rebuild infrastructure and his energy plan, it's a pretty sure bet that one or both will benefit General Cable. They specialize in just the kind of industrial cable that will be required for our electrical grids and for tying alternative energy sources into these conventional grids.

      They're also in better position than their competitors to weather this economic storm. Compare Belden's cash flow and profitability to General Cable's. It makes you wonder why Belden's share price is higher than General Cable's.

      General Cable is also well-situated to profit from international growth in the energy sector. Investors will soon recognize what a steal General Cable's stock is at these prices and these ridiculous prices will fast become a thing of the past. At these prices BGC is a strong buy.

    • no. nada. nay.

    • Been thinking that since this stock was at $20.00......I think the long term growth of this company is HUGE.....we are very well positioned financially. Dont get it!!

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