CSL seems like a solid company that has been oversold at this time.  The fundamentals look good. 

 The P/E is around 15.8, PEG 0.77, Dividend 2%, Price/Sales 0.6, Price/Book 1.56, ROE 17.0 and Debt/Equity 0.23.  S&P rates it 5 Stars (strong buy), Quality Rating A+, and gives it a 12 month target price of $40, which is 37% above its current price $29.21.  I have found 1 analyst with strong buy and 2 with buys and 2 with hold ratings.  The stock is near its 52 week low of $28.89.

I am considering this as a long term investment hoping that the economy will either stabilize or start showing a slight improvement by the first quarter of 2009.