Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Air Products (APD).
This industrial gases company recently delivered a solid "beat and raise", driven by volume and pricing gains and expanding profit margins. Management also increased its full year guidance, prompting analysts to revise their estimates higher for both 2015 and 2016. This sent the stock to a Zacks Rank #2 (Buy). Air Products also generates strong free cash flow and pays a dividend that yields 2.5% while trading at a reasonable price.
But what else should investors take away from this company? Watch our short video below to learn more about this growth and income stock!