2024-05-06 22:55:59 ET
Summary
- Saint-Gobain has more than doubled my initial investment, outperforming expectations.
- The company operates in the construction and infrastructure supply business and has a strong presence in international markets.
- Despite positive performance, the current valuation of Saint-Gobain is not attractive, leading me to change my rating to "HOLD".
Dear readers/followers,
It's been some time since I updated my thesis on Compagnie de Saint-Gobain S.A. ( CODGF ) (CODYY). Let me just say that since my last article, the company has moved up in a very material way. It's been years since I covered the business, and my last article is, in fact, now 4 years old.
How has my position, which unfortunately was rather small, done since that particular article?...
Read the full article on Seeking Alpha
For further details see:
Saint-Gobain: Great Fundamentals, But Now A 'Hold' (Rating Downgrade)