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Nordson: Still in Rally Mode (at Seeking Alpha)

by: Zacks.com posted on: July 20, 2008 | about stocks: NDSN ) shares have been in rally mode for most of 2008, recently rebounding after a small setback and racing back to the 52-week high. Estimates have been climbing with the share price, providing much desired fundamental strength to a great move. The company is bullish on its future, recently raising its third-quarter earnings projection while reporting its second-quarter results. Nordson Corp. manufactures equipment used for precision dispensing, testing and inspection and surface preparation. The company was founded in 1935, carries a market cap. of $2.56 billion and is headquartered Westlake, Ohio. Another Solid Quarter Nordson is proving to be a "go-to" company in this very choppy and volatile economic environment, as seen by its impressive second-quarter results,... [read full story]                    

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