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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.


NYSE:CR - Post by User

Comment by Oldnaggeron Apr 10, 2023 11:25pm
124 Views
Post# 35387789

RE:RE:Exit Strategy

RE:RE:Exit StrategyPersonally , I like your moxy in owning so much Crew.
With a 2P value north of $ 18 at 10 % discount , you could most likely retire today , secure in the knowledge that Crews share price will grow faster than the shares you need to either sell or to borrow against  to fund your retirement. That would be a much better way to play Crew , since a sale today would be fully taxable and  at a very high income tax rate. 
That is also a major reason that Dale and gang probably have very little interest in an outright sale of Crew .
One thing to consider is diversification to offset volatility. If you like the sector , there are many choices as you have mentioned. There are also the heavy oil producers who shoud do well once TMPL is finally up and running.
Any way giving investment advice is not my skill set as my own returns are premised on longer terms , and are probably better suited for our Grandchildren !!
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