3 Companies That Dodged a Bullet in 2020: Are They Buys? [The Motley Fool]
Pentair plc. Ordinary Share (PNR)
Last pentair plc. ordinary share earnings: 4/30 06:55 am
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US:NYSE Investor Relations:
pentair.com/en/investors/investor-presentations
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Source: The Motley Fool
It's hard to be excited over three stocks that are down 0%-% already in 00, but the reality is it could have been a whole lot worse forGeneral Electric(NYSE:GEDoverNYSE:DOVPentairNYSE:PNRImage source: Getty Images.Former CEO Jeff Immelt's decision to make aslew of acquisitions in the oil services sectorBaker HughesNYSE:BKRWTI Crude Oil Spot PriceYChartsTo be fair to Immelt, the idea of adding GE's digital solutions capability to oil services companies' existing solutions was a good one -- just not when energy prices are about to collapse. Indeed, only one year after closing the Baker Hughes deal, GE began divesting its stake in order to raise cash.The decision clearly looks like a fortuitous one now, but GE is not quite out of the woods. According to the company's latest 0-K filing at the Securities Exchange Commission (SEC), GE still owns 6.8% of Baker Hughes.All told, the reduction in exposure to oil and gas has proven to be a positive one for GE, but it still has a significant stak
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PNR
News
- Pentair plc (NYSE: PNR) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $115.00 price target on the stock.MarketBeat
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PNR
Earnings
- 10/22/24 - Beat
PNR
Sec Filings
- 11/5/24 - Form 4
- 11/1/24 - Form 144
- 10/30/24 - Form 4
- PNR's page on the SEC website