Our preview of the machinery sector. Our coverage includes: CAT, CMI, DCI, EMR, GGG, ITW, MTW, PNR, ROK, TKR, URI, and WAB (we don’t sell research, only data). The take aways are:
- Organic sales growth (OSG) should accelerate on a 1- and/or 2-yr basis, indicating faster industry / macro growth.
- We expect upside in OSG for ITW, in-line to better for CAT and URI, and in-line for TKR.
- Should you want to see any of the other names LMK.
