This was a really strong quarter for Dover (DOV)
in a period when investors really want to hear that conditions in the
broader economy aren’t as bad as hoped. Between stronger than expected
revenue, strong orders, and decent margins, Dover is in good shape, and
the company should benefit from its better relative end-market
exposures. A lot is riding on the company’s restructuring program (where
expectations are already pretty high) and the valuation isn’t all that
cheap, but Dover looks like it will emerge from this reporting cycle as
one of the stronger names.
Read more here:
Strong Results And Good End-Market Make Dover More Of A Standout
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