When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
ITW - COVID-19 Creates A Window Of Opportunity With Lincoln Electric
Illinois Tool Works Inc.
For quality industrial stocks like Lincoln Electric (LECO), often the only times an investor can establish a position at attractive prices is during ugly downturns in the business. The COVID-19 outbreak is providing that in spades, as the business downturn in the U.S. pushed Lincoln's April business down 40%, leading the company to accelerate some cost savings programs and look to conserve cash and liquidity.
I'm not really worried about the downturn that's underway; this downturn is different, but Lincoln Electric has navigated many of these cycles. I'm also not too concerned about