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home / news releases / TTNDY - Techtronic Industries: Favorable Takeaways From Customer's Acquisition And Peer's Comments

TTNDY - Techtronic Industries: Favorable Takeaways From Customer's Acquisition And Peer's Comments

Techtronic Industries Co. Ltd. ADR

2024-04-08 02:16:59 ET

Summary

  • Techtronic Industries' largest client, Home Depot, has recently proposed an acquisition that is likely to boost demand for TTNDY's Milwaukee-branded products.
  • Stanley Black & Decker's latest comments suggest that demand for professional power tools is fairly stable, which is a positive for Techtronic Industries.
  • I stay bullish on TTNDY, following an evaluation of its peer's management commentary and its customer's M&A deal.

Elevator Pitch

I rate Techtronic Industries Company Limited ( OTCQX:TTNDY ) [669:HK] as a Buy. My earlier update published on January 19, 2024 touched on the company's prospects for the current year and its latest share buybacks....

For further details see:

Techtronic Industries: Favorable Takeaways From Customer's Acquisition And Peer's Comments
Stock Information
Company Name: Techtronic Industries Co. Ltd. ADR
Stock Symbol: TTNDY
Market: OTC
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