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home / news releases / HUBB - Hubbell: Solid Prospects But Valuation Not Attractive

HUBB - Hubbell: Solid Prospects But Valuation Not Attractive

Hubbell Inc

2024-02-06 16:10:39 ET

Summary

  • Hubbell's organic sales growth is slowing down, and its high operating margin is sustained by pricing strategies.
  • Hubbell is focused on expanding in fast-growing sectors such as renewables and electric vehicle charging.
  • I don’t see a compelling enough risk/reward from current levels which is why I assign a hold rating to the stock.

Thesis

For further details see:

Hubbell: Solid Prospects But Valuation Not Attractive
Stock Information
Company Name: Hubbell Inc
Stock Symbol: HUBB
Market: NYSE
Website: hubbell.com
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