Pumping Up at Parker Hannifin

摘要

Manufacturing is showing signs of life, so some pros are seeking pure industrial plays, such as Parker Hannifin (PH), a maker of pumps, valves, and other hydraulic gear. The products are used in countless applications, and as global economies recover, Hannifin will benefit immensely, according to Michael Camp of Northwest Criterion Asset Management, which has bought shares. Hannifin has a vast sales network, which will be able to respond quickly to any leap in demand, he adds.