Calgon Carbon is a name I added to my watchlist this summer. New CEO should be very positive, but this quarter was bad both top and bottom (per pre-announce last night). Much of the bottom-line pressure is one-time in nature, and it's a lumpy biz. This is a green company. It's not particularly cheap - for it to work, it's all about improving the cost structure. The new guy can and will do this. The stock is near a 52-week low but holding near 13. They report 11/2 and I will update then, but the bad news is out. I am going with "Treasure". My one-year target is 19, so it's reasonably attractive here.
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