If you love drilling into the minutiae of what industrial companies do, Dover (NYSE:DOV) can be a bonanza. With nearly 30 major operating businesses, Dover is not particularly easy to benchmark. Luckily, the company's consistent earnings quality, strong margins, and good returns on capital make up for some of the difficulties in really drilling down into the details. Dover is looking at some good opportunities in areas like refrigeration, fluid control, and energy, but the shares already reflect a pretty high level of Wall Street affection. Though Dover isn't the most expensive quality industrial out there, I'd likely wait for a better discount to fair value before jumping in with my own money.
Refrigeration Is A Multibillion-Dollar Opportunity…...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|