I’ve liked Schneider Electric (OTCPK:SBGSY)
for a little while now, as I’ve thought the Street hasn’t fully
appreciated what I think may be the best energy
management/electrification business out there and an underrated
automation business that is getting stronger in hybrid/process and is
well-placed to benefit from expanding IoT adoption.
Although these shares have lagged peers/rivals like Rockwell (ROK) and Eaton (ETN)
(another stock I’ve liked for a while) over the past year, as well as
the broader industrial segment, the relative performance has been much
stronger on a year-to-date basis and since my last update in
mid-February. With the move in the share price, I think Schneider looks
more fully and fairly valued now, but it’s still a name that I believe
is worth holding and it’s definitely a name to look at again if there’s a
market/sector sell-off.
Click here to read the full article:
Strong Energy Management Providing A Spark For Schneider Electric
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