It's not too hyperbolic to say that Parker Hannifin (PH)
makes the global economy go. A leader in fluid power systems with
double-digit share, Parker Hannifin is a force in hydraulics, fluid
connectors, seals, automation, fluid control, filtration, and aerospace,
boasting a diverse mix of industry end-markets like manufacturing, all
manner of vehicles and attachments ("mobile"), and so on. In fact,
Parker Hannifin's order flow generally tracks global industrial
production pretty closely. If you believe that manufacturing growth is
turning back up and that second quarter U.S. GDP will rebound from
inventory drawdowns in the second quarter, this is a good stock to
investigate for its early-cycle exposure.
Please read the full article here:
Parker Hannifin Can Take Another Run At $130-Plus
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