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Feb 18
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$88.64
$88.64
-0.0%
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LONG
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Karen Firestone
Investor
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"Business of pumps, valves and seals... aftermarket. They provide to the chemical industry oil and gas power generation." This is a play on the "old economy" industrial base. As energy, chemical, and power generation sectors expand or maintain infrastructure, the demand for engineering aftermarket parts (recurring revenue) increases. Cyclical / Industrial growth play. Global industrial slowdown or recession reducing capex in energy/chemicals. |
CNBC
Trade Tracker: Karen Firestone details her la...
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