Timken: Long-Term Stock, Short-Term Headwinds

Oct. 12, 2022 8:32 AM ETThe Timken Company (TKR) StockTKR
Prasanna Rajagopal
1.13K Followers

Summary

  • Timken's focus on automation and renewable energy may offer long-term growth.
  • Low dividend yield and poor financial returns in the current rate environment.
  • Wait for third-quarter earnings and further news on inflation and interest rates before buying.

3d render of automatic car production line with robotic arms welding parts

alvarez/E+ via Getty Images

The Timken Company's (NYSE:TKR) core product - engineered bearings - is essential for various applications across numerous industries, which is why investors should look at Timken. The company serves diversified end markets and generates revenue from across the globe. It has performed

This article was written by

1.13K Followers
Prasanna Rajagopal comes with in-depth knowledge of the technology industry, having spent over 15 years in various sectors of the software industry. Prasanna loves to learn and write about business and investment opportunities in technology, media, retail, and industrial companies. Prasanna has a M.B.A. from UCLA Anderson School of Management, a M.S. in Industrial Engineering from Wichita State University and a Bachelor's degree in Mechanical Engineering from University of Madras.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TKR, VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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