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No. of Recommendations: 6
I have a small position in MSM. I track its results along with those of FAST to get a sense of overall industrial activity.

MSM results out this morning appear to show improvement and improved customer confidence:

http://seekingalpha.com/pr/16710929-msc-reports-fiscal-2017-...

"While the demand environment remained difficult in our first quarter and pricing remained soft, we saw a better than expected November. As we moved into December, the start of our fiscal second quarter, we saw growth in sales, as well as improvement across all of our customer types and a higher mix of machinery, machine tool accessories, tool holders, and tooling package orders. These capital-related sales have historically increased when customers are more optimistic about investing in their businesses."

As with many industrials the stock has risen sharply since the election. It also had a very strong 2016 up nearly 50% overall. Not that cheap at the moment in my view.


sw
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