Table Pounding Buys MAR 2020

[fenders53]

(03-20-2020, 10:41 AM)kblake Wrote:

(03-20-2020, 10:23 AM)fenders53 Wrote:

(03-20-2020, 10:13 AM)stockguru Wrote:

(03-20-2020, 09:29 AM)fenders53 Wrote: PH Parker Hannifan is a good one for the watch list.  Definitely not recession proof though.

$10B of debt vs $1B of cash, that seems kind of worrisome in this kind of economy right now. But wish I got in under $100 

Don't worry, they'll make more money.  I'm excited amount companies with only 10B in debt lol.   

Seriously though, it's a solid industrial with a good growth rate and their FCF is good.  There are just too many good industrials on sale now.  If I had any sense I would dump MMM and grab PH but I'm trying to resist the temptation to flip my port around  excessively.

What about ETN fenders? I got my eye on this one

Good company I have tracked in the past.  My gut reaction is ABSOLUTELY not right now.  Too much exposure to sectors that are certain to struggle short to midterm even if the virus goes better than expected.  Keep it on your watch list and wait for the fire sale.  Too many other blue chip industrials on a better sale with at least a bit better outlook.