Wednesday, November 18, 2015

Dover Corp: Time to Buy Stock?

At some point, oil has to bounce, right? That's the question investors in Dover Corporation must be asking themselves. Dover may be classified as a diversified industrial company, but in 2014, it generated around 35% of its earnings from the oil and gas industry. Given the slump in energy capital spending this year, it's hardly surprising that Dover's full-year revenue and earnings are expected to slump in 2015. However, the stock is also 19% cheaper than it was a year ago. So, is now the time to be picking up shares of Dover? Here's what you need to know before buying.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED