Warren Buffet buys into Iscar
Iscar makes metal cutting tools - Buffet's recent purchase of Iscar is a nice vote of confidence in the metal cutting sector. In fact, Hurc is so cheap, it could double with any rumor of a buyout. Or if the company announces a share buy back which would be good use of its pleasantly plump cash pile. Fortune mag recently said, "Hurc seems unduly cheap" and Buffet likes the sector. I'll take it.