Billionaire businessman Ken Langone talks about stocks he likes, including JP Morgan and GE

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Home Depot co-founder says he used Tuesday's stock market drop as a buying opportunity.

position," he said.

Shares of the $412 billion New York banking behemoth fell nearly 1.3% on Tuesday. But they're up nearly 35% in 2019, hitting an all-time high last week.Cleveland-based Parker-Hannifin, with a stock market value of more than $25 billion, makes engineering components and technologies used in products from a wide range of industries, including aerospace, electronics and power generation.

Langone said Parker-Hannifin is "extremely well run," and the company has raised its dividend every year for 63 years.Shares of Parker-Hannifin, about 5% shy of early 2018 all-time highs, are up more than 30% in 2019. The stock dropped for five straight sessions as of Tuesday's close.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

As a huge Trump supporter who claims he is doing a great job, why is deficit exploding, why is Dow up only 3 pct in past 23 months, why is GDP falling hard ? We have a shrinking economy with a flatish market and a staggering debt. This is good ? Obama 1 million more new jobs

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker