04-15-2014, 12:33 PM
PH is the only one I would consider fairly valued right now. I made a pile of money on PH coming out of the Great Recession with cash secured puts but never got assigned before I gave up chasing it. I would prefer the trailing P/E under 15 only because their earnings are more sensitive to the economy but here isn't a bad place.
GE and ITW are both on my radar but not at these prices.
GE and ITW are both on my radar but not at these prices.