1. Activist Investors Have Less Reason to Target Industrial Giants

    Activist Investors Have Less Reason to Target Industrial Giants

    Where are all the activist investors? U.S. industrial giants’ clunky structures and lagging returns were like catnip for change-seeking shareholders last decade. Companies ranging from Honeywell International Inc. and General Electric Co. to Dover Corp. and the former United Technologies Corp. faced pressure to break up or otherwise improve their operations...

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    1. I don't feel like there's a lot of bad management teams left.
    2. This is kind of the golden age of industrials for the first time in 30 years.
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