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During the past century, Nalco Holding Company (NLC: NYSE) has grown from a fledgling water treatment business to a leading provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. Nalco does this by focusing on its core markets of water treatment and process chemicals and on its corporate strengths, glob… More
| Price | 38.80 |
| Price Change Today | 0.00 (0.00%) |
| P&P rating | ![]() |
| Open Price | $0.00 |
| Previous Close | $38.80 |
| Daily Range | |
| 52-Week Range | $24.30 - $39.65 |
| Volume | 0 |





During the past century, Nalco Holding Company (NLC: NYSE) has grown from a fledgling water treatment business to a leading provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. Nalco does this by focusing on its core markets of water treatment and process chemicals and on its corporate strengths, global presence, on-site expertise, and innovative products and services.
The company just reported a pretty solid quarter, with both sales and earnings still growing. To expany their international footprint, they are activly looking at opportunities in the BRIC countries of China, Russia and India.
As I write, Nalco is trading for $14.49 per share...which is about 12 times this years earnings. I first picked up shares in my personal portfolio at $24...so I am down about 40%. However, I don't see anything negative in the company from when I first purchased the shares. It just looks like a much better buy now. I wish I had pulled the trigger when shares were trading at their 52-week low of $10.52, but I still feel comfortable buying at current prices.
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