Karen Finerman Evaluates Ingersoll Rand (IR)

CNBC’s Fast Money Karen Finerman has put Ingersoll Rand (NYSE: IR) on her radar, but is not a buyer yet. She thinks that Ingersoll’s (IR) last year purchase of the Trane HVAC business was made at worst possible time because they became dependent on commercial construction, which was a reason for their poor performance. In the recent times Ingersoll (IR) managed to refinance their debt and Karen Finerman sees an improvement in construction market.

Ingersoll Rand (IR) closed up 1.18% on Tuesday.