Parker-Hannifin (PH) Soars 13.4%: Is Further Upside Left in the Stock?

Parker-Hannifin Corporation (PH) shares soared 13.4% in the last trading session to close at $596.10. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 14% loss over the past four weeks.Parker-Hannifin’s 13.4% jump was fueled by the Trump administration’s announcement of a temporary halt on reciprocal tariffs for dozens of countries. This policy shift was aimed at counteracting the sharp sell-off in the market and easing worries th ...