John Bean Technologies Corporation (NYSE:JBT) is a solid little company with many of the qualities I look for in long-term investments. Though I understand why the stock trades for a premium, I don't think now is a good time to buy. This is a company to own, but now isn't the time to buy.
John Bean Technologies Corporation is a small $600M company that makes its money designing, manufacturing, selling and servicing various machinery solutions for the food processing and air transportation industries.
The company operates through two segments: JBT FoodTech and JBT AeroTech:
JBT FoodTech offers a variety of industrial products that freeze, portion, coat, fry, cook, filter and concentrate all sorts of different staple...
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