By: Scott Davis
The stock seems to have found a bottom and the narrative seems to be finding balance. For those waiting for the falling knife to land, you can buy the stock here with a far better risk/return profile than pretty much anything else in industrials. New CEO/CFO did a very nice job on today’s conference call. Disclosure has improved materially. The Q/A session seemed oddly “normal” vs. the dismissive GE of the past.