Jim Cramer - Mad Money Lincoln Electric Holding LECO-Q BUY ON WEAKNESS Jan 06, 2025

Makes welding equipment. Great, long-term track record. Makes excellent equipment. Growth on the re-industrialization of North America, including pipeline growth, etc. Trading at a great valuation.

Boring, old-economy welding. A play on robotics, automated factories coming back to the US, and AI. Great ROIC and ROE. Grows dividend. Solid company. 50% of revenue comes from consumables. Under the radar, can't easily be replicated. Leader in the field. Yield is 1.27%.