Rick Bihrle, Sector Specialist – Industrials
September 27, 2011
Purchase Price: $73.29
Target Price: $85.57
Growth through innovation and diversification…..
- Globally diversified with a strong presence in emerging markets
- Diversified portfolio of products across various industries and markets
- 4 of 6 business segments are experiencing double digit growth rates
- Growth through innovation and product development
- Currently trading well below 5 year historical P/E, P/S, P/B & P/C
- Management efforts to reach and maintain higher levels of growth while maintaining premium margins are starting to take hold
- A history of successful acquisitions to promote growth continues
- 3m will give the fund exposure to a sound industrial stock with a low beta.
Click here for Rick Bihrle's bio.