SWGAY - Swatch Group: Potentially Undervalued With Encouraging Sales Performance Across Greater China
2024-03-22 04:35:28 ET
Summary
- Swatch Group has continued to see strong sales growth, particularly across Greater China.
- The stock could have the capacity to rebound to the $16 mark, and potentially higher.
- I take a bullish view on Swatch Group.
Investment Thesis: I take the view that Swatch Group (SWGAY) is potentially undervalued at this time and could see upside back to the $16 level. I take a bullish view on Swatch Group....
Swatch Group: Potentially Undervalued, With Encouraging Sales Performance Across Greater China