When I last wrote about Sensata Technologies (ST) in the summer of 2018, I talked about this leading manufacturer of sensors for the auto, off-road, aerospace, and industrial markets as seemingly stuck between the mid-$40’s and mid-$50’s as bulls and bears duked it out over the risk of slowing auto and industrial markets versus the opportunities provided by content growth and further operating leverage.
Not much has really changed, with the shares lagging the broader industrial sector since then and offering some buying opportunities on dips to and below $45. At today’s price