Tuesday, January 10, 2012

Chart of the Day - Roper Industries (ROP)

The "Chart of the Day" is Roper Industries (ROP), which showed up on Friday's Barchart "All Time High" list. Roper on Friday posted a new all-time high of $90.29 and closed up 0.41%. TrendSpotter has been Long since Nov 30 at $85.19. In recent news on the stock, Roper on Dec 7 raised its quarterly dividend by 25% to 13.75 cents per share. Roper on Oct 24 reported Q3 EPS of $1.12 versus the consensus of $1.08. Roper Industries, with a market cap of $8.6 billion, sells specialty industrial controls, fluid handling and analytical instrumentation products worldwide, serving markets such as oil & gas, scientific research, medical diagnostics, semiconductor, microscopy, chemical and petrochemical processing, large diesel engine and turbine/compressor control applications, bulk-liquid trucking, power generation, and agricultural irrigation industries.


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