Thursday, May 11, 2017

Electrical Equipment Stocks to Buy

Stock prices in the electrical equipment sector have been buoyed by a combination of expectations for an infrastructural stimulus, stabilization in oil and gas capital spending, and a general pickup in U.S. industrial production. While all three drivers are well founded, the market has seemingly baked them into companies' valuations and it's harder to find value in the sector. Still, I think there's a good case for buying stock in Parker-Hannifin Corp. (NYSE:PH)ABB Ltd. (NYSE:ABB), and Ingersoll-Rand plc (NYSE:IR) .

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