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A Bearish Take on This Toolmaker

Several expenses are going to creep back into Kennametal's cost structure, says Morningstar analyst David Manger.

Erik Kobayashi-Solomon

Mar 17, 2010

Mentioned: Kennametal Inc (KMT)

Erik Kobayashi-Solomon: Hi, I'm Erik Kobayashi-Solomon, co-editor of Morningstar's OptionInvestor. And today it's my great pleasure to welcome David Manger, who is a stock analyst here at Morningstar covering industrials. Hi, Dave.

David Manger: Thanks for having me Erik.

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Erik Kobayashi-Solomon does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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