Has Emerson Electric Co. (EMR) Become the Perfect Stock?

Still, Emerson isn’t standing still, having expanded in several directions recently. Earlier this month, the company’s network power segment announced a collaboration with International Business Machines Corp. (NYSE:IBM) to integrate their respective data-center resource management solutions. Working together, the companies believe a combined product can better meet the needs of both their client lists. Emerson also won a contract to provide control technology for a solar-power project in Nevada.

For Emerson to improve, it needs for the economy in Europe to improve, as the sluggish region has hurt Emerson’s results recently. With pent-up demand across the globe as businesses wait for the all-clear sign before moving forward with major capital expenditures, Emerson could see revenue grow dramatically if macroeconomic conditions cooperate, and that could send the stock a lot closer to perfection in the years ahead.

The article Has Emerson Electric Become the Perfect Stock? originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Emerson Electric. The Motley Fool owns shares of General Electric and IBM.

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