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IDEX Corporation Message Board

  • rfstevens100 rfstevens100 Feb 15, 2014 8:19 PM Flag

    Anyone want to hype this stock?

    So, why is Idex running so hot? It looks like it is in a perfectly mundane business. Anyone want to sell me on it?

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    • Cannot hype this one. Look at the chart. It has been rising virtually nonstop since 1990. Just a great business that is well run and keeps producing decent results. Nothing says it is going to make any great moves up from here, but is a good company. Low payout, low short position, heavy institutional ownership. Probably the only negative is debt and not asset rich company, but it is in a good line of business. I would bet it will split in next few months. Given that belief, any pullback in the market after that could produce a reasonable entry point for you, but it seems a bit pricey here. Just my thoughts. Long time holder.

86.21+0.20(+0.23%)Oct 28 4:02 PMEDT