Five to buy
Ingersoll Rand Barron’s
ompressor and pump maker Ingersoll Rand looks a solid long-term bet “despite the ups and downs of the broader economy”. Its operations are “well targeted, well executed and likely to deliver above-normal returns”. Compressors “don’t sound that sexy” but they are essential to manufacturing facilities worldwide. The mid-cap has a market value of $22bn; sales are set to reach $5.81bn this year, 13% higher than in 2021, and the balance sheet is “in good shape”. The company