Slow and Steady Emerson Is Adding a Little Juice to Its Growth Engine
Remember the story of the tortoise and the hare? Do you remember who won? And we've been chasing the hare through the thicket for the past year.
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Stock in the Spotlight 2001: Emerson Electric |
Maybe in the coming year it might be a good idea to keep at least one eye on the tortoise, see where he leads us. As part of the 2001: New Year, New Rules package, we're going to have a week's worth of Stocks in the Spotlight to check out some companies that have been flying below many radar screens this year, but may just make waves in the next.
Slow and steady may in fact be the mantra of Old Economy staple Emerson Electric(EMR Quote). The 110-year-old electrical products and systems manufacturer has been in the game a long time, and has done pretty well for itself. And now, the company is slowing and quietly grafting on some new technology pursuits that may put a little extra juice in its growth engine. ...
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