Latest news with #DoverCorporation
Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer Says to 'Buy Dover (DOV) Right Now'
We recently published a list of . In this article, we are going to take a look at where Dover Corporation (NYSE:DOV) stands against other stocks that Jim Cramer discusses. Inquiring about Dover Corporation (NYSE:DOV), a caller asked if Cramer thinks that the stock will ever hit $222. He replied: 'I look wrong right now on Dover for the club… but I think I'm going to be right. Why? Because I think that Tobin is very smart, the CEO and the stock should never have been thrown back, 19 times earnings. It even went down when steel tariffs went on. I say enough is enough. Buy Dover right now, tomorrow morning.' A modern industrial equipment assembly line in motion. Dover (NYSE:DOV) produces items like pumps, flow meters, refrigeration systems, printing and coding equipment, vehicle lifts, winches, and fluid dispensing tools. Additionally, the company provides software and services used in fuel handling, industrial processing, climate control, and product traceability across various industries. During an episode of Squawk on the Street in April, Cramer commented: 'Okay so here's a good example of the craziness of this market. Dover reports. Dover did what RTX did the other day. They actually said okay listen the tariffs are hurting us. Okay, here's how they're hurting us. Stock was immediately down seven bucks. Down 7. And I was like I own it for my charitable trust and I'm like meumughmhgm . . .and then well people figured out, wait a second, they told the truth! Now the stock's up nice.' READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer Says to 'Buy Dover (DOV) Right Now'
We recently published a list of . In this article, we are going to take a look at where Dover Corporation (NYSE:DOV) stands against other stocks that Jim Cramer discusses. Inquiring about Dover Corporation (NYSE:DOV), a caller asked if Cramer thinks that the stock will ever hit $222. He replied: 'I look wrong right now on Dover for the club… but I think I'm going to be right. Why? Because I think that Tobin is very smart, the CEO and the stock should never have been thrown back, 19 times earnings. It even went down when steel tariffs went on. I say enough is enough. Buy Dover right now, tomorrow morning.' A modern industrial equipment assembly line in motion. Dover (NYSE:DOV) produces items like pumps, flow meters, refrigeration systems, printing and coding equipment, vehicle lifts, winches, and fluid dispensing tools. Additionally, the company provides software and services used in fuel handling, industrial processing, climate control, and product traceability across various industries. During an episode of Squawk on the Street in April, Cramer commented: 'Okay so here's a good example of the craziness of this market. Dover reports. Dover did what RTX did the other day. They actually said okay listen the tariffs are hurting us. Okay, here's how they're hurting us. Stock was immediately down seven bucks. Down 7. And I was like I own it for my charitable trust and I'm like meumughmhgm . . .and then well people figured out, wait a second, they told the truth! Now the stock's up nice.' READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Dover Corporation (DOV): An Undervalued Dividend Aristocrat to Buy Now
We recently published a list of the . In this article, we are going to take a look at where Dover Corporation (NYSE:DOV) stands against other undervalued dividend aristocrats. Dividend-paying stocks are regaining popularity this year as investors look for ways to soften the blow of current market challenges. The S&P Dividend Aristocrats Index, which tracks the performance of companies with at least 25 consecutive years of dividend growth, has fallen by a little over 1.2% since the start of 2025, compared with a 4.1% decline of the broader market. Analysts point out that dividends not only help boost overall returns early on, but there's also clear evidence that companies with growing dividends tend to deliver stronger performance. These stocks often provide better returns with less risk, stay ahead of inflation, and hold up well whether interest rates are climbing or falling. According to S&P Indices' 'Research Insights,' dividends have accounted for roughly a third of total returns since 1926. This is largely because, unlike stock prices that can fluctuate, dividends represent a guaranteed gain once paid out. Even in strong bull markets like the 1950s, 1980s, and 1990s, dividends played a meaningful role in enhancing investor returns. However, their true value becomes especially clear in weaker market cycles, when capital gains are modest or even negative, dividends have often made up more than half of the total return. In some cases, they've been the deciding factor in keeping returns positive. In essence, dividends tend to matter most when market performance falls short. A report from Fenimore Asset Management reveals that between 1972 and 2016, companies that either raised or initiated dividends consistently outperformed those that did not. Historically, a dividend hike has often been viewed as a sign that management is confident in the company's future. This concept is even the basis of the 'Dividend Discount Model,' which values a company based on expected dividend growth. On average, firms that grew or introduced dividends delivered annualized returns of 9.8%, outpacing businesses that didn't pay dividends. These companies typically enjoy rising sales and earnings, generating more cash than they need for reinvestment, allowing them to reward shareholders regularly. This pattern also reflects a strong commitment by management and the board to return value to investors. In contrast, companies that cut or eliminate dividends often struggle financially. These underperformers posted annualized returns of -0.6% during the said period, and such reductions usually point to a weakening business, limited growth prospects, or a need to redirect cash toward internal needs rather than shareholder payouts. The report also highlighted that one of the key advantages of a growing dividend is its ability to preserve purchasing power over time. As inflation gradually pushes up the cost of living, dividend income needs to grow just to keep up. Assuming a long-term inflation rate of 2%, dividends must increase by at least that much to avoid losing value in real terms. While investors seeking income may be drawn to stocks with high current yields, it's just as important to consider how fast those dividends are growing. Focusing solely on yield without looking at growth can be short-sighted. In the long run, companies that steadily raise their dividends provide income that keeps pace with or even exceeds inflation, offering greater financial security. A modern industrial equipment assembly line in motion. For this list, we scanned the list of the S&P Dividend Aristocrats– the stocks that have raised their payouts for 25 years or more– and identified stocks with low forward P/E ratios. From there, we picked 11 dividend aristocrats with forward P/E ratios below 20, as of May 7, and ranked them accordingly. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Forward P/E Ratio as of May 7: 18.52 Dover Corporation (NYSE:DOV) is an American manufacturing company that produces a wide array of industrial equipment and components. The company provides cutting-edge equipment and components, consumable supplies, aftermarket parts, software, digital solutions, and support services across five key segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. In the first quarter of 2025, Dover Corporation (NYSE:DOV) reported revenue of $1.9 billion, down 1% from the same period last year. The company's adjusted earnings from continuing operations came in at $$283 million, up 18% from the prior-year period. During the quarter, the company experienced strong and widespread demand and order activity, with notable momentum in markets tied to long-term growth trends such as single-use biopharma components, thermal connectors, and CO2 systems. A significant portion of revenue for the second quarter has already been secured in the backlog. The company also delivered outstanding margin performance, supported by a favorable mix from its high-margin, fast-growing platforms, along with effective cost control and productivity initiatives. Dover Corporation (NYSE:DOV)'s cash position remained strong. The company generated $157.4 million in operating cash flow, and its free cash flow came in at over $109 million. On May 2, the company declared a quarterly dividend of $0.515 per share, which was in line with its previous dividend. Overall, it has been growing its dividends for the past 68 years, which makes it one of the best dividend aristocrat stocks on our list. The stock has a dividend yield of 1.2%, as of May 7. Overall, DOV ranks 11th on our list of the best undervalued dividend aristocrats to buy now. While we acknowledge the potential of DOV as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than DOV but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-05-2025
- Business
- Yahoo
Dover Corporation (DOV): Jim Cramer Elaborates – 'A Good Example of the Craziness'
We recently published . In this article, we are going to take a look at where Dover Corporation (NYSE:DOV) stands against other stocks that Jim Cramer discussed. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commented on the growing amount of stock buybacks and how the buybacks during April-May were the third best historically of the year. 'Well, I'll tell ya, the banks are the ones that are going to do it. They're gonna start it and the banks have an appetite for their stock that is crazy,' he said. Cramer also commented on President Trump's senior counselor for trade and manufacturing, Peter Navarro. Navarro is an ardent believer in the trade imbalance that the US faces abroad and Cramer agrees with the assessment. 'Well, Peter's got, strong views. Peter's a person with strong views,' according to Cramer. Despite the fact that markets were roiled in April due to the President's tariff announcements, when his co-host remarked that Navarro might not have the President's ear, Cramer replied: 'Well if that's the case, death by China is winning right now. And death by China is Navarro.' Another news bite that was brought up on the show was the decline in foreign arrivals in the US and the President saying the decline in foreign arrivals wasn't a big deal. Cramer agrees with Trump as he said: 'So far, not. I think that the dollar being cheap for the first time in our lifetime is gonna make people. . .but when you listen to Proctor, you're very conscious of the fact that the dollar's weak and IBM and I think that people in the end, they'll be excited. Excited to come to a place where the dollar's finally not crushing them. And that does matter.' However, he added: 'Well look, it's not, obviously I think that there's issues involving our country and how people view us and, look, you don't need me to tell which way the wind blows. But I would have thought there would have been more weakness in travel. I'm just surprised that it's just not bad.' To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on April 24th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders In Q4 2024: 44 Dover Corporation (NYSE:DOV) is an industrial components provider whose products are used in the aerospace, automotive, and other industries. Its shares have lost 8.9% year-to-date with most of the losses occurring during and after the Liberation Day stock market selloff. Dover Corporation (NYSE:DOV)'s latest earnings report has seen the stock jump by 3.3% since then even though management cut full-year guidance to $9.20-$9.40 per share from an earlier $9.30-$9.50. Here's what Cramer said about the results: 'Okay so here's a good example of the craziness of this market. Dover reports. Dover did what RTX did the other day. They actually said okay listen the tariffs are hurting us. Okay, here's how they're hurting us. Stock was immediately down seven bucks. Down 7. And I was like I own it for my charitable trust and I'm like meumughmhgm . . .and then well people figured out, wait a second, they told the truth! Now the stock's up nice.' Overall, DOV ranks 17th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of DOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DOV but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-05-2025
- Business
- Yahoo
Dover Corporation (DOV): Among Billionaire Ken Fisher's Industrial Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Dover Corporation (NYSE:DOV) stands against other billionaire Ken Fisher's industrial stock picks with huge upside potential. The economy strongly influences industrial stocks, which have fallen during recent downturns. However, 2025 looks like a key year for this sector, with these companies working in manufacturing, shipping, and aerospace, and investors are now focusing on businesses that adapt quickly to global shifts. The industrial sector grew 26% in 2024, showing strength despite high inflation and weak global demand. Going into 2025, these stocks are getting more attention thanks to new growth drivers and better economic conditions. Even with possible higher tariffs under Trump's trade policies, the outlook remains positive. President Trump has proposed a 25% tariff on steel and aluminum from countries like South Korea, Vietnam, and Canada. These tariffs might raise costs and also boost U.S. infrastructure and manufacturing spending; as Canada's Innovation Minister Francois-Philippe Champagne said, 'Canadian steel and aluminum support key industries in the U.S., from defense, shipbuilding, and auto. We will continue to stand up for Canada, our workers, and our industries.' All in all, this trade shift could help American industrial companies, especially those bringing supply chains back home. Moreover, lower interest rates should help the sector by increasing construction and housing projects in 2025. On the other hand, falling mortgage rates will attract more homebuyers, creating demand for building materials and equipment. Ken Fisher said, 'Investors are ignoring some of these positive developments,' pointing to an overlooked chance in housing-related businesses. Aerospace is also making a comeback through airlines' need to replace aging planes, driving demand for maintenance and parts, which demonstrates significant progress in aerospace-based companies. Meanwhile, only 25% of the $1.9 trillion in planned North American infrastructure projects have started construction, suggesting big growth ahead for equipment providers and construction companies. In 2025, industrial stocks look promising due to clean technology and automation advancements. As reported in Deloitte's 2025 Manufacturing Industry Outlook, over $31 billion went into clean-tech manufacturing facilities in 2024, showing a move toward sustainability. With decreasing interest rates and high demand for environmentally friendly tech, these investments are highly probable to drive growth in the industry. Ken Fisher noted made the following comment about the current situation: 'The fear is bigger than the problem can be. Single-period stock market comparisons are always iffy, but it may well be this goes something like the 1998 stock market correction leading to a 26% annual return.' His view suggests a more positive review of the industrial sector, predicting it will grow despite tariff concerns. With investments in automation, clean tech, and domestic production, these stocks have strong long-term potential even with short-term challenges. To compile this list, we reviewed Ken Fisher's SEC Q4 2024 13F filings. We picked 10 stocks with the highest upside potential from their current levels as of time of writing this article. Finally, we ranked the stocks in ascending order based on their highest analyst upside potential while also outlining hedge fund sentiment regarding these stocks, as per Insider Monkey's database of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A modern industrial equipment assembly line in motion. Number of Hedge Fund Holders: 44 Upside Potential: 21.85% Dover Corporation (NYSE:DOV) operates in the range of industrial goods spanning vehicle service, clean energy, fuel systems, biopharma, and data cooling. It works through five business segments, focusing on automation, sustainability, and precision engineering. In Q1 ended March 31, 2025, Dover posted adjusted earnings of $2.05 per share, jumping 19% from last year and beating forecasts. Dover Corporation (NYSE:DOV) hit a record first-quarter adjusted EBITDA margin of 24%, up 240 basis points, while its free cash flow reached $109 million, about 6% of revenue. Moreover, new orders stayed strong with all divisions booking more than they shipped, though some weakness in vehicle service and aerospace offset gains in other areas. While the company's Engineered Products faced headwinds, the Pumps & Process Solutions segment grew 7% organically, thanks to strong biopharma parts and data center cooling connector sales. Dover's Imaging and Identification business saw 4% organic growth, with good momentum in tracking software. Meanwhile, the Clean Energy & Fueling segment benefited from high demand for fueling systems and clean energy products. Its Climate & Sustainability Technologies improved margins through efficiency gains despite falling revenue. The company slightly lowered its yearly revenue and earnings targets due to Chinese tariff impacts on steel imports, though management expects a solid second quarter, backed by a healthy backlog. It still aims for a yearly free cash flow of 14-16% of revenue and plans to focus spending on automation and targeted acquisitions. Dover Corporation (NYSE:DOV) is fighting tariff pressures through price adjustments and local manufacturing. Dover stands out among industrial stocks, with strong demand for biopharma, data centers, and clean energy. Ken Fisher holds $302.1 million in Dover Corporation (NYSE:DOV) shares, making up 0.12% of his portfolio. Overall, DOV ranks 8th on our list of billionaire Ken Fisher's industrial stock picks with huge upside potential. While we acknowledge the potential of DOV, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DOV but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
