GENUINE PARTS CO. $87 – New York symbol GPC

GENUINE PARTS CO. $87 (New York symbol GPC; Conservative Growth and Income Portfolios, Manufacturing & Industry sector; Shares outstanding: 153.6 million; Marketcap: $13.4 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.6%; TSINetwork Rating: Average; www.genpt.com) has agreed to pay an undisclosed sum for Toledo, Ohio-based Impact… Read More

GENUINE PARTS CO. $82

GENUINE PARTS CO. $82 (www.genpt.com) is buying Edmontonbased Commercial Solutions Inc. This firm distributes industrial products, such as bearings and transmission parts, across Canada. Genuine Parts didn’t say how much it would pay when it completes this purchase in the first quarter of 2014, but… Read More

Bright prospects, but at a high price

Rising automobile sales (see box this page) are good news for Genuine Parts and Snap-On, because more cars on the road means higher demand for repairs and replacement parts. That’s largely why both stocks are up around 30% in the past year. However, they are… Read More

GENUINE PARTS CO. $78 – New York symbol GPC

GENUINE PARTS CO. $78 (New York symbol GPC; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 154.9 million; Market cap: $12.1 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.8%; TSINetwork Rating: Average; www.genpt.com) gets half of its sales and earnings by selling auto parts. The company operates… Read More

GENUINE PARTS CO. $77 – New York symbol GPC

GENUINE PARTS CO. $77 (New York symbol GPC; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 154.9 million; Market cap: $11.9 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.8%; TSINetwork Rating: Average; www.genpt.com) has exercised its option to buy full control of privately held Exego Group, which… Read More

Four niche industrials for steady income

Most income-seeking investors focus on utilities or banks instead of stocks in the more cyclical industrial sector. However, these four industrial firms are leaders in their niche industries, which helps cut their risk. As well, they have long histories of maintaining or raising their dividends,… Read More