Buy stock of ‘dominant global player’ Timken, Barron’s says

Timken is a dominant global player in highly engineered ball bearings and other components that are essential to an array of machinery, from agriculture to aerospace. Or put another way, Timken literally helps the world go round, Teresa Rivas writes in this week’s edition of Barron’s. Analysts, though, have been reluctant to push their price targets too high, the author notes, adding that investors might be too downbeat on the company’s prospects. Despite this year’s hiccup, the company’s 2025 earnings are expected to climb 13.5% to $7.13 per share, surpassing 2023’s record of $7.05, says the publication. Timken might just be that rarity among cyclical companies – a set-it-and-forget-it stock.