Business Services Industry
TRW finally makes impression and attracts firm's 'buy' rating. (TRW Inc. recommended as a 'buy' by American Income Plus Inc.)
Crain's Cleveland Business, January, 1991 by Shingler, Dan
TRW finally makes impression and attracts firm's |buy' rating Though it's stock was heading downward last week, Cleveland-based TRW Inc., was the subject of a rare "buy" recommendation by American Income Plus Inc., a local investment advisory firm. The recommendation was rare, for 3-year-old American Income that is, because the firm usually limits its investments to stocks with very high yields.
"TRW Inc. would not ordinarily be the objective of prime affection from this source since the dividend yield has seldom risen to an area where it would draw notice from us," the report said, "and generally when it has, there were other opportunities which we ranked higher." Nonetheless, the firm, which primarily advises pension funds, touted the long-run...
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