Sunday, December 9, 2018

Worries About China And Energy Have Pushed Emerson To A More Interesting Level

It hasn’t been a good couple of months for Emerson (EMR). Between worries about weakening conditions in China, weaker oil prices, and relatively conservative guidance with fiscal fourth-quarter results in early November, Emerson's shares have fallen almost 20% since early October – tracking fellow process automation player Yokogawa (OTCPK:YOKEY) and lagging other comps like Rockwell (ROK), Honeywell (HON), and industrials in general. It’s worth noting, though, that Emerson has done comparatively better on a full-year basis and remains one of the better-positioned multi-industrials for a late-cycle 2019.

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Worries About China And Energy Have Pushed Emerson To A More Interesting Level

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