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
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
No comments:
Post a Comment