US9297401088 - Common Stock
Over the past six months, J. M. Smucker’s stock price has fallen to $107.20. Shareholders have lost 6.2% of their capital, highly disappointing when considering the S&P 500 has climbed 10.7%. This may have investors wondering how to approach the situation.
Why NYSE:WAB Stands Out as a Quality Stock.
Rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 4.4% year on year to $2.66 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $10.4 billion at the midpoint. Its non-GAAP profit of $2 per share was 6.2% above analysts’ consensus estimates.
Explore why these three industrial stocks are currently overvalued and why selling them before the end of July could be a smart move.