I will be purchasing $520 of EMR tomorrow. I feel that EMR provides a good entry point price right now. I will continue to add on weakness as I am looking to expand my industrials sector. I am also hoping that the utilities and REIT sector will fall further in anticipation of rising rates. I need more exposure to REITs and utilities for diversification and higher yields.
EMR facts:
55.5% payout ratio
3.28% yield
18.21 P/E
14.05 Forward P/E
115,100 employees
1.30 Beta
20% Debt / Cap
A+ Credit Rating (Morningstar)
Jefferson Research Report:
Earnings quality: Strongest
Cash flow quality: Strong
Operating efficiency: Strong
Balance sheet: Strongest
Valuation: Least risk
I added to my EMR about a couple months ago. It is very much a strong performer and long time dividend payer. Yielding north of 3% is a good entry point as well. Thanks for sharing.
ReplyDeleteI added to my EMR position back in September and it looks even better now. Too many great companies and not enough capital.
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