- Schneider has continued to offer solid growth guidance and good quarters, but the Street seems tired of the automation/electrification theme.
- I expect Schneider to grow revenue at a rate roughly double developed market IP growth, with improving margins, for the next decade on the back of automation, digitalization, and electrification.
- Schneider shares now offer a double-digit near-term return and a solid high single-digit long-term return, making this a pullback worth considering.
For further details see:
Schneider Electric Skids As Investors Dim Lights On Electrification, Automation