In our recent Industrial Equipment Report we spoke with Daniel Whang of B. Riley & Co., Inc. who was very high on Regal-Beloit:

“Regal-Beloit (RBC).is a leading manufacturer of electric motors, motion control products, and generators. They have a strong brand. One of the things that I like about them is that they have significant exposure to early cycle demand. Roughly about 40% of their revenue is coming from resi­dential, what they call HVAC or Heating, Ventilation, and Air- Conditioning motors. As the economy starts to bottom out and show improvement, I think they could be one of the early beneficiaries of that. In the industry, they have a reputation of producing high qual­ity products. They have a management team with a good track re­cord. In the current environment, the company is reducing their costs while they continue to invest in the business.”

Mr. Whang also recommends another Industrial Equipment company but you need to read the full interview for that information which is available here .

Don’t forget to follow and respond at TWITTER

This entry was posted on Tuesday, July 7th, 2009 at 9:10 am and is filed under Industrial & Services Stocks. You can follow any responses to this entry through the RSS 2.0 feed.