Barclays is bullish on big industrial conglomerates ahead of the release of Q1 earnings,...

|By:, SA News Editor

Barclays is bullish on big industrial conglomerates ahead of the release of Q1 earnings, expecting "meaningful beats on both the top and bottom line, driven by continued strength in U.S. industrial and price/cost shifting to a tailwind." GE, MMM, HON, EMR, DHR and TYC are "unusually cheap vs. smaller peers," the firm says.