StarMine’s top-ranked analyst at picking Electrical Equipment stocks, Alex Rygiel, of Friedman, Billings, Ramsey, gave us his thoughts on the outlook for this industry in 2007: The Big Trend
Electrical equipment companies have had two good years and while this growth will continue into 2007, some consolidation among these companies is likely. The industry has been looking for ways to return money to investors. The Unconventional Wisdom
Wall Street seems to be somewhat cautious on the weakening residential market and what its impact will be on the nonresidential market. Rygiel believes that the non-residential market will remain at least stable, which is good news for the electrical equipment industry.
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