TIMKEN - keeping the world in motion with its bearings, gears and power transmission products. A family business that runs smoothly and profitably.

Dow Jones Industrial Average  26, 599.96  (UP) Week ending 06/28/2019
S & P 500 - 2941.76

TIMKEN (Symbol TKR, $51.34) is a company we do not talk or think about much, but their products have a profound effect on everything around us. TIMKEN designs a growing portfolio of engineered bearings and power transmission
products. Agriculture, Automotive, Aerospace, Commercial vehicles, Construction, Defense, Energy, Food and Beverage, Industrial machinery, Metals, Mining, Outdoor Power Equipment, Rail and Wind Turbines all use TIMKEN products.

This company is ranked #1 in its area on IBD, (Investors Business Daily),  with a Rank 91 and A rating in their category. The company is very quietly up YTD 37.57% and pays a solid 2.18% dividend.

Current earning projections for the year are $5.25 with a PE of 9.58. Next years earnings for 2020 are projected at $5.62 and a Forward PE of 9.03, very reasonable in this market. 

2018 sales growth was 19.2%. Recent quarter over quarter sales were up 10.90%. (From one quarter to the next). The company did $3.58 Billion dollars in sales last year. 

On the financial side, the company has a Current Ratio of 2.53 and a very solid Return on Equity of 20.04.  I think even Warren Buffett and Charlie Munger would like this stock and its businesses, but probably would not be able to gain a large enough position in the stock with the market cap of only $4 Billion dollars. Good for us retail value investors.  

TIMKEN , buy it Monday to kick off the second half of your investing year.  The first half was sweet, with my 401K account being up 17.89% with a nice mix of stocks and bonds.

Enjoy your summer and 4th of July holiday in the USA.

Sincere regards,

Freewilly