Bull’s Eye Report: Lennox Intl. (LII)

LII offers about 7% upside from current levels

   

At StateoftheMarkets.com, we strive to “own the best and ignore the rest” in our equity portfolios. Toward this end, each day we search our database for a “top stock” (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical “set up” and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the “bull’s eye” stock shown below is generally their first choice.

Company Symbol Industry Stock Rating YTD% Gain S.T. Stop Loss
Lennox Intl Inc LII Building Products 9.1 +14.34% $59.57

Why We Like The Stock:

Lennox Intl. (NYSE:LII) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) with a positive technical set-up. In a group of peers that includes Armstrong Worldwide (NYSE:AWI), USG Corp. (NYSE:USG), and Simpson Manufacturing (NYSE:SSD), LII has been a relative outperformer in recent months. The stock spent the month of April consolidating, testing and holding the ~$60 level on three separate occasions. LII has just crossed above its 50-day moving average, as well as a handful of short-term moving averages this morning. As long as LII can hold the $60 level, we like this building products stock or a run back up to its mid-March highs at $65.34.

We Would Be Buyers:

At the current price (~$62.24).

Company Profile:

Lennox International Inc. is a provider of climate control solutions. The company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. Its products and services are sold through multiple distribution channels under brand names, including Lennox, Armstrong Air, Ducane, Bohn, Larkin, Advanced Distributor Products, Service Experts and others.

Stock Rating: 9.1

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 – 10 with 10 being the highest.

Lennox Intl. – Last Three Months

LII 1 Bulls Eye Report: Lennox Intl. (LII)

Lennox Intl. – Last 12 Months

LII 2 Bulls Eye Report: Lennox Intl. (LII)

Lennox Intl. – Last Five Years

LII 3 Bulls Eye Report: Lennox Intl. (LII)

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At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.


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