I don't think JLK will go up much as the mfg sector is not good now. I know the general economy is good but mfg is flat at best. The pie is not getting bigger and MSC, McMaster-Carr, Grainger, Air Gas (Rutland), IDG, Travers, Production Tool Supply and all the rest of the catalogers are fighting for the same customers. My buddy in Detroit who sells lots to JLK says things are not so hot there. JLK is run by a money guy so the numbers can look better than they really are. This just is not a good stock because of the industry itself. Put your dough in growth stocks!!!!!I don't own any of these stocks even though I get commission on sales in IL - IN - WI - MN for these companies. Watch the purchasing mgr's index and industrial output. When these indexes go up so will these type of stocks.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra