Friday, January 20, 2017

MSC Industrial Earnings Review

It's been a long time coming, but it finally looks like the U.S. is coming out of an industrial recession. At least it does if the latest results from MSC Industrial Direct  are anything to go by. Industrial supply companies tend to have short sales cycles -- rendering them useful as bellwethers of change -- and MSC Industrial's positive earnings and outlook suggest the industrial sector may have bottomed. Let's take a closer look at the report.

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