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Regal Rexnord Stock Could Gain 40%. It’s a Good Time to Buy It.

Por: MarketWatch Business December 10, 2022

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Regal did it to itself. On Oct. 27, the company the acquisition of (AIMC), a smaller competitor, for $62 a share—and the stock promptly tumbled 13%. Investors have concerns about the timing of the deal. It’s never a good look for an economically sensitive company to make a deal when everyone is worried about a recession and the amount of debt added to its balance sheet to pay for it. At a time when many investors thought Regal should be... + full article



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