don barrett

Arts-Way or the Highway!

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Arts-Way manufacturing is a company that manufacturers equipment for the farmer to process his own feed,stalk shredders,and even potato harvesting machines. I have recommended CF,a fertilizer company since it was $80 last fall. I have recommended the trains that are used to haul a lot of the grain from the farm to the processor. I recommended ADM which is heavily involved in the ethanol production where a lot of the grain was going. And now to ARTW which I'm recommending now,because farmers have had a real nice run for a couple of years.
I have watched ARTW for a while and Monday I bought into the company myself and in my Marketocracy Monday also. and I'm happy to say it's up over 30% since Monday. ARTW last quarterly report back on July 9 reported sales up 35% and net income was up over 59% but nothing new reported since then. ARTW is in the AG sector which has been booming for quite a while,but the only time farmers were mentioned was when the media was bashing President Bush for the ethanol program. When the growing season is good,farmers will usually celebrate by buying a new piece of machinery or cattle or something to increase earnings for the next growing season.
As I said i don't really know what caused the recent run-up,I bought it mainly on a technical basis and the last quarterly statement I which I mentioned earlier. I have 8 or 10 stocks in my marketocracy portfolio and I feel safe in recommending all of them as they fit my criteria and all have moved up since Monday,except a railroad I like KSU. And someone came out with a railroad recommendation today,so it should have some upside soon too.