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Investors waiting for that rare opportunity to buy Atlas Copco (OTCPK:ATLKY), one of the best-run multi-industrial companies out there, on a pullback … need to keep waiting. While the shares have already pulled back more than 10% from their high established in mid-January, the prospective return from here still isn’t all that good and I will be holding off in the hope that further derating brings the shares back to a more reasonable entry point.
A Rare Miss, And A Rather Broad One Too
Atlas didn’t have a terrible quarter by any means,