Hang Onto Halyard, Flowserve and ABB Shares Says Burke Financial

Wound dressings and hygiene product-seller Halyard Health is poised to expand its Asia business, said John Burke, President of Burke Financial Strategies. Burke added that the company, which was spun off from Kimberly Clark, is also inexpensive on a free cash flow basis relative to the health care sector average. He is also bullish on Flowserve, saying the industrial flow management equipment-maker should hold up better than expected as their energy customers are primarily refiners and pipeline companies. Finally, Burke is positive on Swedish automation equipment maker ABB because of its opportunity to help India build out its power grid.