Number 12 on The Van Buren Reports Top 50 Stocks of 2010.  We selected this company when it was trading at $13.98 in 2009.  Currently the company trades at $18.64 with plenty of room to run.  This is a solid company that should do really well once they start on their orders of backlogged vacuum systems. Recently the  Graham received 6Mil in orders from Africa and the U.S. for its vacuum systems on two power plants.  The order also includes a system for a yet unbuilt South African power plant.

A slow mover and not the most exciting company, however, despite its last earnings result there have been a lot of insider purchases during the past year.

GHM has very little debt and plenty of cash on hand to move forward.  A small company with a lot of potential.

Here is our report from late last year on Graham Corporation:

Company Basics:

Graham Corporation (Graham) designs, manufactures and sells custom-built vacuum and heat transfer equipment to customers worldwide. The Company’s products include steam jet ejector vacuum systems, surface condensers for steam turbines, vacuum pumps and compressors, various types of heat exchangers, including helical coil heat exchangers marketed under the Heliflow name, and plate and frame exchangers. Its products produce a vacuum, condense steam or transfer heat, or perform a combination of these tasks. The Company’s products are available in a variety of metals and non-metallic corrosion resistant materials. The Company also maintains a wholly owned subsidiary, Graham Vacuum and Heat Transfer Technology (Suzhou) Co., Ltd., located in Suzhou, China.

Why 2010 and Beyond:

Good company with an excellent balance sheet.  Graham provides services that most of its competitors do not.  Recent restructuring in the company should help Graham maximize its profits.  Still undervalued at its current price this is one company that you need to dive further into.

Info:

Graham Corp.

20 Florence Avenue

Batavia, NY 14020

Phone: 585-343-2216

Fax: 716-343-2216

Web Site: http://www.graham-mfg.com

Each Friday we take a look back on a Stock Pick from a previous Van Buren Report Newsletter.  Today we look back at the Large Cap Pick of the Month for December 2009, [DOV] Dover Corporation.

We recommended the stock at $40.58 and the its most recent closing placed the stock price at $46.07, a gain of just about 5.5%.

The company has trimmed some fat recently and the stock price should be able to hit the $50 mark by the next couple of quarters as Dover cleans up its balance sheet.  Dover Corporation is a good long term play.  The company is well managed and offers a safe dividend of $1.04 per share.

In the next few weeks we are offering many special deals at The Van Buren Report.  One I would like to offer is if you would like a free copy of this months issue of The Van Buren Report or any past issues or copies of all issues, please e-mail CustomerService@VanBurenReport.com with “FREE” in the subject line and I will send out to you our current issue and any past issues you would like free of charge.

From December 2009, here is our pick for the Large Cap Pick of the Month.

Dover Corp. [DOV]

The Good

The Dover Corporation is an overall solid company with great fundamentals and a shareholder friendly history to boot.  The company has raised its dividend each year over the past 50 years.  A highly diversified business, Dover made it through the tough recent economic struggles with flying colors.  This industrial giant has very little debt and continues to slowly grow.  Its business model excels at keeping operating expenses to a minimum thus ensuring maximum profitability.  Ranked number 38 on The Van Buren Report’s Top 50 Stocks of 2010, Dover should have a terrific 2010 as the recession comes to an end and commodity prices ease up.  Take a look at The Dover Corporation for your next potential purchase.

The Bad

The Dover Corporation does have a significant amount of international exposure as almost 50% of its current projects are based outside of the U.S.  Betting a big chunk of your business on projects abroad is always a risky proposition.

The Lowdown

Well run company that should have a big 2010 as commodity prices go down.  Excellent cash flow and expansion make this company a winner.

What the Company Does

Dover Corporation (Dover) owns and operates a global portfolio of manufacturing companies providing components and equipment, specialty systems and support services for a variety of applications in the industrial products, engineered systems, fluid management and electronic technologies markets. The Company operates in four business segments: Industrial Products, Engineered Systems, Fluid Management and Electronic Technologies. The products designed, manufactured, assembled and/or serviced by the Company includes material handling equipment, mobile equipment related products, engineered products, product identification related products, energy market production and distribution products, fluid solution products, and electronic technology equipment and devices/components.

History

The company was founded in 1947 and is based in New York, New York.

Company Info

Dover Corp.

280 Park A-enue

New York, NY 10017

Phone: 212-922-1640

Fax: 212-922-1656

Web Site: http://www.dovercorporation.com

I originally recommended this stock back when it was trading just above $7.  The story remains the same.  The Van Buren Report placed this underated company at Number 30 of its Top 50 Stocks of 2010 Report.

Here is my rundown from that report.

Why 2010 and Beyond:

A highly speculative call here but even though the company’s stock price is near its 52 week high, 2010 could potentially be a great year for JDS Uniphase.  At the Van Buren Report we thing that 2010 will be the year of the energy and communication sectors.  This company is in a good spot to pick up some new business as other recent competitors have failed.  Keep an eye on this company as this stock with a relatively new CEO has potential to jump in a hurry.

Company Basics:

JDS Uniphase Corporation is a provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. The Company is also a provider of optical solutions for biomedical and environmental instrumentation, semiconductor processing, aerospace and defense, brand authentication, visual display and custom color product differentiation applications. The Company operates in three segments: Communications Test and Measurement, which accounted for approximately 47% of net revenue, during the fiscal year ended June 27, 2009 (fiscal 2009); Communications and Commercial Optical Products, which accounted for approximately 37% of net revenue in fiscal 2009; and Advanced Optical Technologies, which accounted for approximately 16% of net revenue in fiscal 2009.

Info:

JDS Uniphase Corp.

430 North McCarthy Boulevard

Milpitas, CA 95035

Phone: 408-546-5000

Fax: 408 546-4300

Web Site: http://www.jdsu.com

A sneak peek here for you today.  This is one of our Picks of the Month for February 2010.  You will see this article in our new issue debuting Monday, February 1, 2010.  Enjoy this sneak peek.

What the Company Does

Ameron International Corporation (Ameron) is a multinational manufacturer of engineered products and materials for the chemical, industrial, energy, transportation and infrastructure markets. It has three segments: Fiberglass-Composite Pipe Group, Water Transmission Group and Infrastructure Products Group. The Fiberglass-Composite Pipe Group manufactures and markets filament-wound and molded fiberglass pipe, tubing, fittings and well screens.  The Water Transmission Group manufactures and supplies concrete and steel pressure pipe, concrete non-pressure pipe, protective linings for pipe and fabricated steel products, such as large-diameter wind towers. The Infrastructure Products Group consists of two operating segments, which are aggregated: the Hawaii Division and the Pole Products Division.

History

The company was founded in 1907 and is headquartered in Pasadena, California.

The Good

AMN is an excellent company looking to breakout and climb towards its 52 week high at $91.  Ameron International is a solid company with good cash on hand and very little debt.  In the coming year and years to come, there will be a nice market for Ameron’s fiberglass products and chemical materials.  The company boasts excellent financials and offers great valuation at its current price.  Its small dividend is also a bonus for any potential shareholder.  The company has been around for over 100 years which is always a staple of a company that is well run and has a superior model in place.

The Bad

Ameron does have room for some growth but that probably will not happen for quite some time.  All of Ameron’s good fortune appears to be currently priced in the stock though we still think at around $68 it provides good value.

The Lowdown

The company has a diverse product line offering products in water, chemicals, concrete, steel piping, protective lining, wind towers, etc., etc.  As stated above the company is financially solid and its customer base is never ending and the company will continue to sell its products and increase profits for probably another 100 years, at least.

Closing yesterday under $21, Kendle International [KNDL] is a healthcare stock worth looking at.

Kendle is a leading global clinical research organization providing the full range of early- to late-stage clinical development services.

Headquartered in Cincinnati, Ohio, KNDL the company was founded in 1981 and is now rounding into shape.  Its last quarter, Kendle reported solid net income of $8.8 million or $0.59 per diluted share for the third quarter of 2009, primarily the result of strong execution of its cost control initiatives, compared with net income of $9.4 million or $0.62 per diluted share for the third quarter of 2008.

Dig a little deeper on this potential gem!