2024-06-23 11:39:18 ET
Summary
- My view of Techtronic Industries' leadership transition, the company's share repurchases, and the prospects of rate cuts is favorable.
- Techtronic Industries' P/E multiple can re-rate to a level closer to or on par with its key customer, Home Depot.
- I remain bullish on Techtronic Industries based on my assessment of various developments and the stock's valuations.
Elevator Pitch
My investment rating for Techtronic Industries Company Limited ( TTNDY ) ( TTNDF ) [669:HK] is a Buy. ...
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For further details see:
Techtronic Industries: Good Reasons To Stay Positive