Tuesday, January 19, 2016

MSC Industrial Direct Earnings Analysis

MSC Industrial Direct Co.  cheered a depressed market by releasing a set of first-quarter results not quite as bad as many investors had feared. Consequently, the stock rose about 6.6% on a day when the S&P 500 fell nearly 1.5%.  Is it a sign of a recovery in the manufacturing sector, or is it more a story of MSC Industrial's execution in the quarter? Let's take a look at the results to find out.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED