Investopedia: A Hot Domestic Market Continues To Propel Lincoln Electric

Certain stocks torment investors with excellent performance and valuations that just never seem to get quite low enough. Welding equipment and consumables manufacturer Lincoln Electric (Nasdaq:LECO) is one such company. While I would argue that this is one of the best industrials that most people don't know about, the stock seldom trades at a bargain. Although strong sales in North America are fueling excellent growth today, perhaps fears of emerging market slowdowns will take a little steam out of the stock.

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