Toromont keeps powering on

Toromont keeps powering on

In the wake of the COVID-19 pandemic, governments in Canada and elsewhere continue to invest in new public works projects such as roads, mass transit systems and hospitals. Those investments are fuelling strong orders for Toromont’s heavy construction equipment as well as demand for its… Read More

Q: Good day, Pat and company. I would like to know your thoughts and recommendations on Emerson Electric. Is this a stock worth holding for potential long-term gains? Thanks very much!

A: Emerson Electric Co., $110.83, symbol EMR on New York, (Shares outstanding: 571.7 million; Market cap: $63.9 billion; www.emerson.com), is an industrial company with two main operating segments: Intelligent Devices (76% of revenue) and Software & Control (24%).

The Intelligent Devices division has four segments:

1) Final… Read More