Opinions
Jim Cramer - Mad Money
Parker Hannifin Corp
PH-N
BUY
Mar 08, 2023
N/A
Stock price when the opinion was issued
machinery
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY ON WEAKNESS
WAIT
A great company that he has owned before. A candidate to buy-hold- and forget about it. The problem is that, in the short term, it is highly correlated to the Purchasing Manufacturing Index (PMI). You need to call the bottom of the economic cycle to time the proper entry. A recent acquisition has increased their exposure to commercial aerospace. He is watching it to see how it performs. Stay on the sidelines.
machinery
TOP PICK
Recent selloff creating buying opportunity. Excellent management team. Industrial components in high demand. Historically, linked to performance of economy, but appears to be performing very well. If a "soft landing", will create further opportunities. "Re-shoring" in America also creating strength in business.
machinery
TOP PICK
DON'T BUY
Solid industrial. Likes its fundamentals and projected earnings, but the chart shows how well it's done. When things rise in price, they tend to drop in value. Normally trades at slight discount to market, now at a premium. Going to have to do really well to live up to its valuation. He owns RTX.
machinery
Advertising
They're now going green, all about clean energy, like making the world's smallest e-tractor, wind turbines and solar panels. They help companies comply with environmental regulations.