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Strategies & Market Trends : Dividend Growth Investing and chit chat.
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To: rnsmth who wrote (1501)12/7/2021 6:32:33 PM
From: sm1th  Read Replies (1) of 2146
 
SNA could be fairly priced if you believe its health and long-term prospects are solid.
If the transition to Electric vehicles happens anywhere close to what the politicians propose, it would likely be bad for SNA. Shops repairing electric cars will need a lot fewer of SNA's tools than the current internal combustion market. Although I didn't dig deep, I did not see any discussion of this in recent PR's or SEC filings. Even the perception of this could be negative for share price.
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