You sir are full of crap. You have no way of knowing what lies ahead for SPX.
Why don't you go have another beer and rest your liquor laden brain!
Blystone is gone, you do know that? Bunch of pissed off cowboys on the message board. All doom and gloom. SPX has some very good companies. Past practices have been very much in line with what you say, but you don't know what the future brings...only time will tell.
That's about the only good to say about SPX stock at the moment. Cleaning up the balance sheet is the other. The outlook is questionable. SPX is being squeezed by raw material increases and weak pricing power. Margins are getting squeezed and they don't have the growth to offset it.
There are much better options out there, sorry to say.
Five years ago this stock was the darling of wall street. It was in the "Top Ranked Stocks" list. Volume and interest in the stock was high. Look at the Friday volume....38% of average.
Wall Street gives SPX the ranking of "Double Yawn."