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Alternative stocks to Lincoln Electric (NasdaqGS:LECO)


These are the alternatives to Lincoln Electric that fall within the same industry, Industrial Machinery, or region, USA.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Lincoln Electric Performance

Lincoln Electric stock research in summary

lincolnelectric.com


Lincoln Electric shares are more expensive than other comparable stocks. While they are safely financed, they are poor value, and show below average growth. We recommend evaluating whether the future of the company Lincoln Electric is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country USA
Industry Industrial Machinery
Index
Size class X-Large

Large companies - similar industry as Lincoln Electric

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Mueller Industries (XL, US)  Industrial Machinery
1. Mueller Industries (XL, US)   Industrial Machinery 62 76 100 98
2. Snap-on (XL, US)  Industrial Machinery
2. Snap-on (XL, US)   Industrial Machinery 69 49 94 94
3. Flowserve (XL, US)  Industrial Machinery
3. Flowserve (XL, US)   Industrial Machinery 75 100 34 88
4. Xylem (XL, US)  Industrial Machinery
4. Xylem (XL, US)   Industrial Machinery 31 83 81 81
5. Hyster-Yale (XL, US)  Industrial Machinery
5. Hyster-Yale (XL, US)   Industrial Machinery 97 57 35 71
6. Donaldson (XL, US)  Industrial Machinery
6. Donaldson (XL, US)   Industrial Machinery 51 69 66 70
7. Timken (XL, US)  Industrial Machinery
7. Timken (XL, US)   Industrial Machinery 89 25 52 56
8. Middleby (XL, US)  Industrial Machinery
8. Middleby (XL, US)   Industrial Machinery 73 35 52 56
9. Crane (XL, US)  Industrial Machinery
9. Crane (XL, US)   Industrial Machinery 1 95 70 51
10. Stanley Black & Decker (XXL, US)  Industrial Machinery
10. Stanley Black & Decker (XXL, US)   Industrial Machinery 79 55 13 40

November 21, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Lincoln Electric

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Alphabet (XXL, US)  Interactive Media & Services
1. Alphabet (XXL, US)   Interactive Media & Services 67 81 98 100
2. Spectrum Brands (XL, US)  Household Products
2. Spectrum Brands (XL, US)   Household Products 99 73 77 100
3. Provident Holdings (XXL, US)  Thrifts & Mortgage Finance
3. Provident Holdings (XXL, US)   Thrifts & Mortgage Finance 100 85 70 100
4. Synchrony Financial (XXL, US)  Consumer Finance
4. Synchrony Financial (XXL, US)   Consumer Finance 69 79 96 100
5. First Republic Bank (XXL, US)  Regional Banks
5. First Republic Bank (XXL, US)   Regional Banks 98 89 90 100
6. First Busey (XXL, US)  Regional Banks
6. First Busey (XXL, US)   Regional Banks 99 59 81 100
7. Financial Institutions (XXL, US)  Regional Banks
7. Financial Institutions (XXL, US)   Regional Banks 98 81 81 100
8. Jones Lang LaSalle (XXL, US)  Real Estate Services
8. Jones Lang LaSalle (XXL, US)   Real Estate Services 60 98 90 100
9. Washington Federal (XXL, US)  Regional Banks
9. Washington Federal (XXL, US)   Regional Banks 47 87 96 100
10. Leidos (XXL, US)  Research & Consulting
10. Leidos (XXL, US)   Research & Consulting 97 89 62 100

November 21, 2024


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Mid sized companies - similar industry as Lincoln Electric

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Foster (M, US)  Industrial Machinery
1. Foster (M, US)   Industrial Machinery 77 95 98 100
2. Tennant (L, US)  Industrial Machinery
2. Tennant (L, US)   Industrial Machinery 93 61 82 96
3. Kennametal (L, US)  Industrial Machinery
3. Kennametal (L, US)   Industrial Machinery 95 33 73 94
4. John Bean Technologies (L, US)  Industrial Machinery
4. John Bean Technologies (L, US)   Industrial Machinery 53 83 64 88
5. Standex (M, US)  Industrial Machinery
5. Standex (M, US)   Industrial Machinery 35 77 88 86
6. Mueller Water Products (L, US)  Industrial Machinery
6. Mueller Water Products (L, US)   Industrial Machinery 47 83 69 84
7. Park-Ohio (L, US)  Industrial Machinery
7. Park-Ohio (L, US)   Industrial Machinery 98 60 19 70
8. Watts Water Technologies (L, US)  Industrial Machinery
8. Watts Water Technologies (L, US)   Industrial Machinery 37 45 94 68
9. Columbus Mckinnon (L, US)  Industrial Machinery
9. Columbus Mckinnon (L, US)   Industrial Machinery 95 45 39 67
10. Albany (L, US)  Industrial Machinery
10. Albany (L, US)   Industrial Machinery 43 49 78 67

November 21, 2024


Mid sized companies - similar region as Lincoln Electric

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Laureate Education (L, US)  Education Services
1. Laureate Education (L, US)   Education Services 91 89 87 100
2. Benchmark (L, US)  Electr. Manufacturing Services
2. Benchmark (L, US)   Electr. Manufacturing Services 95 79 77 100
3. Foster (M, US)  Industrial Machinery
3. Foster (M, US)   Industrial Machinery 77 95 98 100
4. DASAN Zhone Solutions (M, US)  Communications Equipment
4. DASAN Zhone Solutions (M, US)   Communications Equipment 59 13 94 100
5. Universal Logistics (L, US)  Trucking
5. Universal Logistics (L, US)   Trucking 87 89 77 100
6. ALLETE (L, US)  Electric Utilities
6. ALLETE (L, US)   Electric Utilities 75 67 96 100
7. New York Times (L, US)  Publishing
7. New York Times (L, US)   Publishing 47 87 98 100
8. Smith & Wesson (L, US)  Leisure Products
8. Smith & Wesson (L, US)   Leisure Products 93 75 98 100
9. Tetra Tech (L, US)  Facility Services
9. Tetra Tech (L, US)   Facility Services 52 85 82 100
10. KornFerry (L, US)  HR- & Employment Services
10. KornFerry (L, US)   HR- & Employment Services 83 89 93 100

November 21, 2024



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