Parker-Hannifin (PH) is likely to gain from strong demand for its products, acquired assets and shareholder-friendly policies. However, rising costs and expenses and high debt levels pose concerns.
Graco (GGG) stands to benefit from strength in its business, innovation investments, solid liquidity position and shareholder-friendly policies.
Stanley Black's (SWK) sale of its Security assets will allow it to concentrate more on core businesses. The net proceeds from the sale will be used for funding, in part, a buyout program of $4 billion.