- RBC Bearings posted strong fiscal third quarter earnings, and management offered a view of a demand environment where the biggest challenge is meeting that demand.
- RBC Bearings is well-placed to ride ongoing investment growth in automation, as well as a nascent aerospace recovery.
- Strong demand today may delay some margin-enhancing investment decisions at Dodge, but the long-term value of this deal is still considerable.
- RBC Bearings is the type of differentiated industrial stock that never gets that cheap, but investors should be mindful of the risk of further derating in the industrial space.
For further details see:
RBC Bearings Offers A Tough Quality Versus Value Decision