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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.


NYSE:CR - Post by User

Comment by gonatgasgoon Sep 29, 2023 12:29pm
160 Views
Post# 35661937

RE:No love

RE:No loveAgree with you.  The trading volume has been quite low lately.  TD downgraded the stock this morning or yesterday.  Clearly there is no love.  However, they are drilling for condensate right now.  This will be highly profitble.  I am not sure if the negativity is due to the 4-year plan which will require major expenditures.  However, that plan keeps getting pushed later and later and in the mean time, they drill for condensate.



Bronson101 wrote: Well run company, amazing stock of land, good gas prices, global market access about to arrive. No love at the moment. Pleased as I am with the run up since 2019, we seem to be stuck in quicksand. I can only pray a few solid quarters will straighten out the SP. 


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