Parker Hannifin Corp (PH)

Expanding into aerospace, a high-growth industry. Picks and shovels technology. Grow organically and by acquisition. Moved toward long-cycle agreements. He likes companies that aren't exciting, but where there's a lot of money to be made. Yield is 1.3%.

Recent selloff creating buying opportunity. Excellent management team. Industrial components in high demand. Historically, linked to performance of economy, but appears to be performing very well. If a "soft landing", will create further opportunities. "Re-shoring" in America also creating strength in business. 

A premier industrial company that no one talks about. It hit a 52-week high today, but it can go higher.

Industrials have not performed, but it's the best of the lot. Stay long if you own it. If it falls during the debt-ceiling talks, then buy more.

 They're now going green, all about clean energy, like making the world's smallest e-tractor, wind turbines and solar panels. They help companies comply with environmental regulations.

It depends on time horizon and risk tolerance. This is one of the champs on generating return on investment for a very long time. If you use pullbacks to get a position, get advice on how to time your entry and how to build a position. It is an appropriate time to be buying some.

(Mar 27/17 Up 20%) They decided to exit this position. He feels they have good prospects, but it is not one of his favorites.

(A Top Pick March 27/17. Up 20%.) Mostly hydraulics, but also pneumatics, and a very necessary part of the industrial economy. A relatively oligopolistic global business.

Take some profits?A producer of pneumatic and hydraulic fittings. They compete with other global players. With the recent turnaround in construction equipment and the continued strong performance of the semiconductor industry, he thinks this continues to be well positioned.

(A Top Pick March 27/17. Up 2.09%.) One of the world’s largest producers of hydraulic and pneumatic systems and fittings. Very heavily involved with all aspects of capital goods. If looking for something to Buy, Hold and forget about, this is definitely one to be looking at. Dividend yield of 1.7%.

It is probably poised to do well with the industrials as a whole. It is not a bad buy for the long term.

Leading in pneumatic controls. Strong margins and a strong record of generating cash flow. They have 50 to 60 years of dividend growth. It is a relatively consolidated space. (Analysts’ target: $173.00).