Trend Following Stocks-Market Trend Signal-Parker-Hannifin Corporation PH

Market Trend Signal – Trend Following Stocks -Parker-Hannifin Corporation PH

Parker-Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components. Its Industrial segment offers pneumatic and electromechanical components, and systems; filters, systems, and instruments to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors which control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery, and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications; and static and dynamic sealing devices. This segment sells its products primarily to original equipment manufacturers (OEMs) and their replacement markets in various manufacturing and processing industries. The companys Aerospace segment provides hydraulic, fuel, and pneumatic systems and components used for commercial and military airframe and engine programs.

It also manufactures a range of fluid conveyance systems, fluid metering, delivery and atomization devices, and inert gas generating systems, as well as connectors, hoses, fittings, tube fittings, and quick disconnects, which control, transmit, and contain fluid for aircraft applications. This segment markets its products primarily to OEMs in the commercial, military, and general aviation markets, as well as to end users for maintenance and repair. The companys Climate and Industrial Controls segment offers systems and components for use in the mobile and stationary refrigeration, and air conditioning industry; and in fluid control applications in a range of industries, including processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment serves OEMs and their replacement markets. Parker-Hannifin markets its products directly, as well as through distributors, wholesalers, sales representatives, and builder/dealers worldwide. The company was founded in 1918 and is headquartered in Cleveland, Ohio. (source)