Investors who bought Emerson (EMR)
a year or two ago on the expectation that a combination of better
execution from management and improving markets would lift the stock
have done okay. The shares are up about 17% in the eighteen months or so
since I last wrote on the stock, but peers and rivals like Eaton (ETN), Rockwell Automation (ROK), and Honeywell (HON) have all done substantially better (up 30% to 40%) and ABB (ABB) would have been in that group as well if problems in its Power business hadn't smacked the stock after first quarter earnings.
Follow this link to the full article:
Emerson Getting Better, But The Market Is In Step
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