Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for July 18

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Littelfuse (LFUS). Littelfuse Inc.'s shares climbed to a record after the maker of fuses and related products raised second-quarter forecasts. The comnpany now expects earnings and sales to exceed the average analyst estimates in a Bloomberg survey. Littelfuse said in a statement that the increases reflected stronger-than-expected demand from electronics makers, along with a lower tax rate.