Friday, October 21, 2016

Time to Buy Ingersoll-Rand Stock?

It's been a pretty good year so far for companies with significant exposure to heating, ventilation, and air conditioning (HVAC) markets. Ingersoll-Rand Plc (NYSE:IR) has risen 20%, pure play Lennox International, Inc (NYSE:LII) is up nearly 26%, and Johnson Controls (NYSE:JCI) (which also has substantive automotive operations, and is busy integrating Tyco International this year) is up 35%. 
With the smallest stock price increase of the three, is Ingersoll-Rand still a good value for investors?

READ THE FULL EQUITY RESEARCH REVIEW LINKED