BRIAN5000 wrote: ↑25 Jan 2018 13:57
Would like a nice US industrial no ideas at the moment.
Some ideas for you to consider. I've held Illinois Tool Works Inc. (ITW) for many years and have done well with it. A couple of others that I follow, but have never purchased, in this sector are: W.W. Grainger, Inc. (GWW) and Fastenal Company (FAST).
As I've previously posted, I use Bestter Investings Toolkit 6 as an analysis tool. I've included a comparison between these three companies. All are currently fully valued IMHO.
Normal people… believe that if it ain’t broke, don’t fix it. Engineers believe that if it ain’t broke, it doesn’t have enough features yet. – Scott Adams
If you look near the bottom of the PDF you'll notice that only FAST has been updated recently. ITW and GWW have earnings releases around now, so updated data will be available from the Toolkit 6 data provider sometime in the next couple of weeks. At that point I'll update the data and review the assumptions about future Revenue and EPS growth rates and other pertinent factors in determining valuations.
For me, the Toolkit 6 Buy/Maybe/Sell ranges are subjective, not hard and fast rules. I'm looking for appropriate margin of safety when determining an entry (or exit) value.
Normal people… believe that if it ain’t broke, don’t fix it. Engineers believe that if it ain’t broke, it doesn’t have enough features yet. – Scott Adams
Normal people… believe that if it ain’t broke, don’t fix it. Engineers believe that if it ain’t broke, it doesn’t have enough features yet. – Scott Adams