We think Zebra Technologies (ZBRA) is still attractive as the company enjoys powerful tailwinds. Operational leverage and increasing cash flow ensure earnings growth substantially above revenue growth.
Here is what we argued on November 19 last year:
We think that Zebra Technologies ((ZBRA)) has a little further to run on margin expansion and deleveraging and (further into the future) a gradual shift to a more software-dominated company. Escalating tariffs and/or a slowing world economy are some possible clouds on the horizon.
Well, indeed they ran a little further:
Growth
It's time to revisit