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IR - Atlas Copco's Long-Term Excellence Continues To Drive The Shares Higher
Ingersoll-Rand plc
It's probably true that we've passed through the worst of the pandemic-driven economic downturn, but seeing Atlas Copco (ATLKY) near an all-time high still strikes me as overly optimistic. Don't get me wrong - I think Atlas is one of the best industrials I know, but I struggle to see how any company could live up to the expectations being built into this "safe haven" industrial. With that, I just can't see buying here unless you're the sort of investor who can successively trade momentum stories.