Recent Buy – Emerson Electric (EMR)

I have been compiling some cash recently and had enough to establish a great entry-level position in a company.  Over the last few months,  there have been many events impacting the market and pushing the price of some great companies lower and lower.   So I wanted to make this purchase count and pick up a rock-solid dividend paying stock, one that I now think should be included on Lanny’s infamous foundation stock listing.   Unfortunately, the title gave it away.  See why I decided to invest in Emerson Electric this week.

EMR Logo

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