El Tigre Chino Posted February 8, 2022 Report Share Posted February 8, 2022 What do you guys think of IEX? Sharing my quick & dirty analysis below Company has been having consistently positive QoQ results. Posted it's highest operating profits in Sept & Dec 21 quarters. Operating margin and sales have been going up without significant increase in expenses due to nature of business. On a macro level with the shift towards electric energy in the future, consumption is going to go up leading to an increase in their relevance. Currently the stock is trading significantly lower than its 52 week high, by about 30-35%. It's current trading at 220. I'm not big on technical chart patterns but at the moment it's formed a nice head and shoulders pattern which would mean it could possibly take more of a beating down to 195-200. Currently have a small position in it which I'm slowly adding to. Quote Link to comment Share on other sites More sharing options...
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