Parker-Hannifin: The Swiss Army Knife Of Industrial Stocks
Parker(PH) Seeking Alpha·2024-08-29 21:30
Devrimb/iStock via Getty Images Introduction In prior articles, I have written we're in a highly challenging market environment. One major reason is mixed economic numbers. On the one hand, we're dealing with increasing unemployment, poor consumer sentiment, and declining manufacturing sentiment. On the other hand, secular growth like aggressive investments in economic re-shoring, the artificial intelligence boom, and the outlook of lower interest rates are reasons to be optimistic. With that said, one impo ...