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PRIME STOCK NEWSLETTER FOR NOVEMBER 13th, 2009

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Position Statement: In our Prime Recommendation Letter we attempt to identify the recommendation with the highest probability of moving higher.  We recommend that stop orders be placed at the time of purchase,  and once the position has moved profitable we recommend a stop be placed a minimum of $0.375 above the purchase price and moved higher as the position moves higher.

Today's Comments: The overall market finished Thursday moderately lower in a broad based move that saw almost every sector index I track move lower on the day. The weakest sectors were the Oil Services, Airlines, Gold/Silver, Insurance, Natural Gas, Banking, Oil & Gas, Transports, Commodities, Broker/Dealers, Telecom, and Cyclicals. There was minor strength in the Chemicals, and Networking indices. Oil was lower by $2.59/barrel to to $76.69, and Gold was down by $11.00 to $1,103.60


Sterling Calendars for the Week of November 13th, 2009
Economic Calendar
Date Est. Time Release

For

Consensus Prior
11/13 8:30am Export Prices Ex-Ag Oct. N/A 0.0%
11/13 8:30am Import Prices Ex-Oil Oct. N/A 0.6%
11/13 9:55am Michigan Sentiment - Prelim Nov. 71.8 70.6
11/13 8:30am Trade Balance Sep ($31.9B) ($30.7B)

Recommendation: BUY

Ingersoll-Rand, PLC. 'IR'

Company: Ingersoll-Rand, PLC. Symbol: 'IR' Closing Price: $36.05

Web: www.ingersollrand.com

YH: $37.19 YL: $11.46 EPS:($9.29) P/E: N/A

Shares Outstanding: 320 Million

Forecasted EPS:.$2.25 Market Cap.: $11.5 Billion
Dividend: $0.28 Yield: 0.80% Aver. Daily Trading Volume: 4.6 Million Shares  
Price Targets:  $39.11 Downside Stop:  $34.91/share
Options Rec.: November 35 Calls @ $1.40/contract Options Symbol: IR K35

Additional information on Ingersoll-Rand, PLC. 'IR' can be found (here)

Company Description: Ingersoll-Rand plc, together with its subsidiaries, engages in the design, manufacture, sale, and service of industrial and commercial products in the United States and internationally. It operates in four segments: Air Conditioning Systems and Services, Climate Control Technologies, Industrial Technologies, and Security Technologies. The Air Conditioning Systems and Services segment offers HVAC systems, dehumidifying and air cleaning products, service and parts support, and building controls, as well as financing solutions. This segment serves commercial, residential, institutional, and industrial markets. The Climate Control Technologies segment provides refrigerated display merchandisers; beverage coolers, auxiliary power units, walk-in storage coolers and freezers, and transport temperature control units for food and other perishables. The Industrial Technologies segment manufactures compressed air systems, tools, pumps, fluid handling systems, golf and utility vehicles, and micro turbines. The Security Technologies segment offers electronic and biometric access control systems and software, locks and locksets, door closers, exit devices, steel doors and frames, portable security devices, decorative hardware, and cabinet hardware, as well as time, attendance, and personnel scheduling systems. This segment serves commercial construction and residential housing markets, healthcare, retail, maritime, and transport industries, as well as educational and governmental facilities. The company offers its products under the Club Car, Hussmann, Ingersoll-Rand, Schlage, Thermo King, and Trane brand names. Ingersoll-Rand sells its products through distributors, dealers, and large retailers. The company was founded in 1905 and is based in Dublin, Ireland.

Chart for Mosaic Company

Chart updates daily

Recent News:
11/10 Ingersoll Rand to Present at Citi Industrial Manufacturing & Transportation Conference Business Wire (Tue, Nov 10)
  11/09 Ingersoll Rand to Present at Baird's 2009 Industrials Conference Business Wire (Mon, Nov 9)
  10/28 U.S. manufacturers more optimistic: survey Reuters (Wed, Oct 28)
A full list of the news headlines for Ingersoll Rand, Inc. 'IR'' can be found (here)

Our Analysis: The shares of Ingersoll-Rand, PLC. 'IR' set a new yearly closing high yesterday on heavier than normal trading volume. In the process they closed above a recently established upside resistance level and completed a "cup pattern" with a measured move to our price target of $39.11/share. I see downside support on the shares of 'IR' @ $35.05/share, and have set my stops accordingly @ $34.91/share.


Stocks Looking Higher
AMZN, TXN, MTN, MSFT, GR, OPLK, IM, WBMD, STX, GLW, POT, IR, CAG, CAH, TYC, CPB, TYC
Stocks Looking Lower
CSCO, JNOR, M, XOM, VLO, SD, HK, JCP, SWN, TSO, ESV, FLR, D, SUN

Yesterday's Edition of the Prime Stock Newsletter
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