Due to the fact that jci's products are used extensively in office and industrial buildings------which ,refurbishing and new construction since the obama crowd has ruined the economy, it is to be expected- i am long in this stock and i will probably continue to accumulate. it still has a good balance sheet.
That would be Wallstreet killing stock market.... They have total control of who what when stocks are available and can trade at the speed of light..... Just look at Facebook! Tells the entire story....They made a fortune of idiots rushing to buy a lemon IPO
-Revenue per share is 2.5 times the share price. -PEG ratio is .57 vs industry average of .68 -Return on equity is 15.74% -Operating cash flow is $1.3 billion -Earning for the 4th quarter 012 earnings could still be up to 5% year-over-year. -Insiders have no sold one share in 2012. -The dividend is 2.8% which higher than the 30 year US bond rate.
PS: We especially like the negative sentiments which allow us to buy the stock at very reasonable levels near the 52 week lows.