Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Roper Delivers A Best-In-Class Performance

Conditions seem to have improved in a big way for industrial conglomerate Roper (NYSE:ROP) in a relatively short time. Not only did Roper beat expectations for the quarter, but the company delivered one of the best results in its sector. Roper is seldom an exceptionally cheap stock, but valuation isn't too demanding and the combination of good order momentum and an active hunt for M&A could lead to a more active 2014 for shareholders.

Delivering The Goods

Roper reported 13% revenue growth for the first quarter, with organic growth of 7%. Although Roper's reported revenue figure was not all that much higher than expected (about 1%), organic growth was about 2% better than expected making this a somewhat...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details