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ESAB - ESAB Corp.: Looks To Be A Solid Welding Play After The Spin-Off
ESAB Corporation
ESAB is the welding business which has been spun off from its former parent, called Colfax.
After cutting the 2022 guidance, I still find confidence in a solid strategy even after 2022 is set to be a rockier year, while spin-offs face inherent uncertainty.
Amidst non-demanding valuations, I have taken a very small stake, acting as a watch function for now.