Applied Industrial Technologies (NYSE:AIT)
CAPS Rating:
The Company is an industrial product distributor. In addition, the Company provides fluid power, mechanical, and rubber shop services.
The Company is an industrial product distributor. In addition, the Company provides fluid power, mechanical, and rubber shop services.
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Recs
This is your typical "boring" company with everything going for it. Especially a market that is benefiting from the weakness in the dollar. As foreign goods become more expensive, domestic manufacturing will increase. This company will be there to provide manufacturing expendables. Further, they are managing their business very nicely. Their financial statements are pristine!. I can't find anything not to like in their financials. Outperform for several years to come.