SCFLF - Schaeffler: A Very Solid Business In The Global Industrial Sector
Schaeffler AG (SCFLF) is a global industrial company specialized in the manufacturing of bearings and other precision components for automobiles. It is also a provider for other applications such as wind turbines, aerospace, railways, heavy vehicles, and power transmission. In this regard, some investors will appreciate the fact that the company has diversified its portfolio outside the automotive industry, reducing the exposure to a sector people are often scared of. Although we are not very pessimistic about the traditional auto industry, this diversification is positive for the financial stability of the company and