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.
Melbourne, Fla. (1895)
CEO William Brown (since 2011)
Return on Equity (Average, Past 3 Years)
$387.0 million / $2.4 billion
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.
[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.
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At the time thisarticle 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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