Rexnord Should Be Seeing A Turn Now

I liked Rexnord (NYSE:RXN) back in mid-December, and I can't really complain with how the shares have performed since. Not only is the return about 10 points above that of the S&P 500, but Rexnord has done alright next to most of its process/motion control peers like ABB (NYSE:ABB), Altra (NASDAQ:AIMC), Regal Beloit (NYSE:RBC), and SKF (OTCPK:SKFRY), as well as peers in the water products sector. Better still, short-cycle industrial activity is picking up (including in the industrial MRO space) and process industries like mining seem to be past the worst, while core food/beverage continues to perform well. Add in a slowly improving institutional water market and some longer-term strategic growth opportunities and it's a relatively solid backdrop.

Valuation is no longer so compelling, but "meh" seems to be the new "bargain-priced" in the industry sector and shaving just half a point off of my 10% discount rate would give me a fair value slightly above today's price. Provided that Rexnord can show some healthy signs in its core revenue and margins later this week when it reports fiscal fourth quarter earnings, not to mention constructive guidance in line with what other industrial-leveraged companies have said, this could still be a name with some room left to advance.

Continue here:
Rexnord Should Be Seeing A Turn Now

Seeking Alpha: Can Altra Holdings Become A Clutch Performer?

Not only do I like industrial companies in general, but small industrial companies are near and dear to my heart. Played right, they can be surprisingly lucrative stock picks with much less of the risk that often goes with small technology or healthcare names.

The question for this article, then, is whether Altra Holdings (AIMC) merits a spot in the portfolio of growth-inclined investors.

An Annoying Reset To End The Year
The Altra Holdings case doesn't start off especially strong, as though revenue rose 11% organically in the fourth quarter, the company missed earnings estimates by a significant margin.

Read the full article here:
Can Altra Holdings Become A Clutch Performer?

Investopedia: A Better 2012 Would Be Great For Actuant

Wall Street has already made its early bets on the state of the economy in 2012, and the outlook is not very encouraging. That would be bad news for investors in a diversified industrial mini-conglomerate like Actuant (NYSE:ATU) if not for the fact that Wall Street is often wrong. Although Actuant has recovered nicely from the worst of the recession and does have increasingly challenging comparables ahead, any upside in 2012's economic performance could make this an undervalued industrial play.

A Good Start to the Fiscal Year
Perhaps this quarter will set the tone for a better-than-expected fiscal year and an undervalued stock getting some love. Actuant reported 23% revenue growth and topped the highest analyst estimate, though core revenue growth was a far more modest 7%. Growth was strong in both the industrial and energy categories, where revenue rose by a low-teens percentage organically. Electrical growth was more modest at 7%, while core growth in the engineered segment was flat.


Please follow this link for more:
http://stocks.investopedia.com/stock-analysis/2011/A-Better-2012-Would-Be-Great-For-Actuant-ATU-ETN-PH-ABB-EMR-SI-AIMC1221.aspx