Sunday, April 26, 2020

Schneider's Business Has Slowed, But It Still Holds A Great Hand

However you want to characterize what's going on today (panic, pullback, recession, et al), these are the times when investors can get better deals on good or great companies. I believe Schneider (OTCPK:SBGSY) [SCHN.PA] is definitely one of those, and while today's price isn't a slam-dunk discount, I think it's an attractive price for a very good company that is leveraged to some powerful long-term trends like power reliability, energy efficiency, and automation. If approximately 4% long-term growth is still a valid assumption, I believe it is, these shares offer high single-digit to low double-digit annualized return potential, which is quite good for a quality industrial.

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Schneider's Business Has Slowed, But It Still Holds A Great Hand

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