Rotork PLC (LSE: ROR)

140x140-0_team-member-imgs_1245_redtransparentRotork, an actuator manufacturer and flow control company, are in the process of purchasing Young Tech. Co. Limited.

Since our last post this share has performed well, climbing from about £25 to nearly £28. The share with our target value of about £37 is still strong. However, in the near term, from the charts and with the acquisition of Young Tech, I think the share price could drop back to the £25 mark.

You invest for the longer term but consider taking profits on this for the time being.


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