Analyst Picks: Should You Buy This Under-the-Radar Underwater Defense Company?

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope.

Shares of industrial company Curtiss-Wright Corporation (NYSE: CW) have beaten the S&P 500 by 8 percentage points over the past 12 months. They're beating it again today, rising more than 1% as the rest of the market trends downward -- and for this you can thank the friendly analysts at Bank of America/Merrill Lynch.

Here are three things you need to know.

Source: Fool.com