- Schneider shares have modestly underperformed the peer group over the last three-to-six months, but the underlying business performance has been strong.
- Short-cycle leverage can support more beat-and-raise quarters, as automation and electrification demand recover ahead of longer-term capex growth across the company's end-markets.
- Schneider remains an excellent play on automation, digitalization, and electrification, including specific trends like warehouse automation, data center growth, and micro-grids.
- These shares aren't the absolute bargain I wish they were, but a long-term prospective return around 7% isn't bad relative to above-average near-term and long-term prospects.
For further details see:
Recent Sluggishness In Schneider Electric's Share Price Worth Watching