CSL was recommended by Upside at $52.98 in Investment Digest issue 727, dated September 19, 2012.
“Carlisle Companies, Inc. (CSL $65 NYSE) is being downgraded to Sell because of mixed March-quarter results and weak Quadrix scores. Per-share earnings from continuing operations were $0.85, down 10%. Revenue dipped 4%, hurt by a 7% decline in internal sales. Revenue fell in four of the five business segments, paced by a 28% decline in the brake and friction unit. Carlisle’s Overall Quadrix score is down to 69, reflecting poor scores for Momentum (30) and Performance (43). Carlisle, originally recommended as a Buy at $51.91 in August and upgraded to Best Buy at $54.66 the following month, should be sold.?
Richard J. Moroney, CFA, Upside, 4/26/13