ATLKY - Atlas Copco Riding High On Renewed Enthusiasm For Recovery Stories
I’ve long liked Atlas Copco (OTCPK:ATLKY), but there haven’t been all that many opportunities to buy in at what would normally be reasonable multiples. Between low rates leading investors to accept lower prospective returns and Atlas Copco’s ongoing well-deserved status as a reliable growth leader, though, it hasn’t hurt the share price performance – Atlas shares have significantly outperformed industrial peers over the last 5-year, 3-year, 1-year, and 1-quarter time periods.
Atlas Copco’s recent capital markets day didn’t offer up a lot that was new, but for a company like Atlas Copco, “more