Jul. 20 at 3:24 PM
I took a very small starter position on
$IEX today at
$220.08 and, if we get a significant market downturn, I anticipate buying more. Stifel raised their price target 7 bucks today to
$257. I’m not looking for a “home run” here, and last summer offered a much better entry point, but I was too penny wise and pound foolish to buy then. The SP is a little pricier than I would like for a value stock, but over time I expect the company to do well.