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S&P 500: 1,348.40 Change: -0.24%
Tradeking1
P&P Score: 28.49 | Points: 0.00 | Accuracy: 27.27 | Average Pick Score: 0.00   Annual Return: N/A  
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BUY: FORCE PROTECTION INC. (FRPT) Rating: 4
Start Price: $5.00
Points: +18.65
Created: 12/20/2007
Force Protection Inc. (NASDAQ: FRPT) has received an order from the Pentagon valued at 378 million to build 358 MRAPs for the U.S. Marine Corps. Normally, this would be good news, but the fact that Force received a smaller piece of the pie compared to competitors Navistar and BAE Land Systems has sent the shares plunging over 25% from yesterday's close. I believe what people are missing here is the fact that the U.S. Marine Corps is only one of many customers Force provides vehicles for. Force provides vehicles internationally as well as to the U.S. Army, and contracts continue to be announced.

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