Alliant Techsystems Inc.
April 3, 2010 at 11:07PM
Headquarters: Eden Prairie
Business: Aerospace and defense manufacturer
Ticker: ATK
Bears say
• Proposed cancellation of manned flights to the moon casts a shadow over its aerospace business.
• Recent uptick in civilian ammunition sales could be slowing down.
Bulls say
• Stock price already reflects the impact of NASA budget cuts, which may not be as bad as expected.
• The company is in a good position to expand nonmilitary business with ammunition- related products, such as gun scopes and reloading equipment.
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