3 Reasons to Hold On to Emerson Electric's Stock

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Emerson Electric  is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers three reasons he's holding on to Emerson Electric's stock despite the company's substantial gain since he bought it early this year.

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Emerson Electric's dividend was key to its selection for the IPIG portfolio. A well-covered and rising dividend, reinvested over time, can help your money compound faster and could ultimately make you rich. It's as simple as that.

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In summary:

  • Emerson Electric's market price is close enough to Chuck's fair value estimate to continue holding.
  • Emerson Electric's balance sheet is solid, with only a 0.5 debt-to-equity ratio.
  • Emerson Electric's dividend is well covered and was recently increased.

To follow the IPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the IPIG portfolio, simply click here.

The article 3 Reasons to Hold On to Emerson Electric's Stock originally appeared on Fool.com.

Chuck Saletta owns shares of Emerson Electric. The Motley Fool recommends Emerson Electric. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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