5-Star Stocks Poised to Pop: Harris

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Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, radio and communication device specialist Harris (NYS: HRS) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at Harris' business and see what CAPS investors are saying about the stock right now.

Harris facts

Headquarters (Founded)Melbourne, Fla. (1895)
Market Cap$4.9 billion
IndustryCommunications equipment
Trailing-12-Month Revenue$6.0 billion
ManagementCEO William Brown (since 2011)
CFO Gary McArthur (since 2006)
Return on Equity (Average, Past 3 Years)21.6%
Cash/Debt$387.0 million / $2.4 billion
Dividend Yield2.7%
CompetitorsBoeing
General Dynamics
Raytheon

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 97% of the 656 members who have rated Harris believe the stock will outperform the S&P 500 going forward.

Just last week, one of those bulls, All-Star bradford86, succinctly summed up the bull case for our community:

[Harris] is doing buybacks on the borrowed dollar. I would normally dislike this but I think that they are fine for now. I actually think that they are remarkably cheap. I'm a fan of the buybacks. They've been a growth story and are forecasting growth and are doing buybacks at a cheap price. Brilliant. Target: $45-$55. Outperform. They also come with a solid dividend of 2.7% at present.

If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite a strong five-star rating, Harris may not be your top choice.

We've found another stock we are incredibly excited about -- excited enough to dub it "The Motley Fool's Top Stock for 2012." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.

Want to see how well (or not so well) the stocks in this series are performing? Follow the newTrackPoisedToCAPS account.

At the time this article was published Fool contributor Brian Pacampara owns no position in any of the companies mentioned. The Fool owns shares of General Dynamics and Raytheon. Try any of our Foolish newsletter services free for 30 days.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.

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