Sensata (ST)
has long been one of those companies on my “like the company, not the
stock valuation” list, and with the Covid-19 pullback this looks like a
relatively rare chance to acquire shares in a leading sensor and control
company at a reasonable valuation. Of course there are risks today,
including the timing of the auto recovery (as well as off-road vehicles,
aerospace, and industrial), Sensata’s future content
opportunity/reality in hybrid and electrics, and the company’s ability
to successfully add high-value markets to its overall addressable
opportunity. At today’s prices, I believe investors are getting a decent
return on those risks.
Read more here:
A Relatively Rare Chance To Buy Sensata At A Good Price
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