I will say right from the beginning that I haven't been a fan of Ingersoll-Rand (NYSE:IR) for some time now. While the involvement of activist investors and a commitment to launch debt-funded share buybacks has helped the stock significantly since October of 2011, the next leg of improvement is going to have to come from better execution. This is where I'm not sure the company can deliver, and where I fear investors have given too much of a benefit of the doubt to management. That said, investors who have more faith in management could look to improving construction markets as a driver for the next move in the stock.
Please read the full article here:
http://www.investopedia.com/stock-analysis/050713/ingersollrand-improving-are-investors-already-too-optimistic-ir-utx-jci-lii-tyc.aspx
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» Investopedia: Ingersoll-Rand Improving, But Are Investors Already Too Optimistic?
Tuesday, May 7, 2013
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