Stockchase Opinions

Norman Levine Gorman-Rupp GRC-N BUY Jan 14, 2022

Believes company is a value stock. One of the world's largest manufacturers of pumps (mainly used in energy industry). Well manged company that is flush with cash. Expecting a special dividend soon. As energy prices increase, demand will increase for pumps.
$41.840

Stock price when the opinion was issued

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PARTIAL BUY

He stills owns it and admits it has been a disappointment. It is the largest manufacturer of industrial pumps. It has increased its dividend for 46 consecutive years. It is a value stock, not a yield stock. Energy prices have hurt the demand for their product. It just reported good earnings and looks cheap. Yield 1.8%.

BUY

It has been a disappointment. Largest industrial maker of pumps for the oil patch and municipal water supply, etc. Sales has been OK. 30% of its business is made oversees and that should benefit them with the global economic improvement. Small to medium cap stock. It has raised its dividend every year for the last 43 years. They still like it.

PAST TOP PICK

(A Top Pick June 16/17, Up 24%) Quite happy, still owns it and keeps buying for clients.The biggest industrial maker of pumps. They’ve increased their dividends for 42-43 years. Nobody cared about their products but now are drawing more attention. A play on water as well, which is a market they like.


HOLD
A lot of its business is in the energy patch. It is a family run company that has raised its dividend for decades. This year they paid out a special dividend. It continues to churn out the earnings so is a long term hold.
HOLD
He still believes in this world producer of pump equipment in the oil and gas sector. In Q4 they paid a special dividend. Q1 has been disappointing. He is still a long term holder.
COMMENT
It is a family run company and one of the biggest industrial pump manufacturers in the world, but have treaded water and gone sideways. This partly because it is a small to medium cap stock and a good part of the their business services the oil and gas industry. The company is very well run and they show good growth prospects. The market may latch onto this stock in the trend from growth to value.
BUY
As a cyclical stock it is starting to go back up and the outlook is fabulous. They are largest manufacturer of fluid pumps. They have a record of raising dividends for the past 40 years.
BUY
He continues to own it and likes it. It is a big player in industrial pumps for municipal and energy applications. It is net cash positive with cash on its balance sheet. They have raised their dividend every year for 40 years.
BUY
An ultimate value stock. One of the biggest makers of pumps. Does well when there is flooding, energy markets are good and there is a need for their product. Hasn't done a whole lot but has great management, dividend and balance sheet. The stock should move once the energy stocks catches up to the energy prices.