Snap-on Inc (SNA)

Snap-on Inc (SNA)

Postby winston » Tue Jan 15, 2013 5:58 am

not vested

Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users.

Its products include hand tools, such as wrenches, screwdrivers, sockets, pliers, ratchets, saws and cutting tools, pruning tools, and torque measuring instruments.

The company's diagnostics and repair information products include handheld and PC-based diagnostics products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems, business services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics to manage and track performance.

Snap-on Incorporated's equipment products comprise solutions for the diagnosis and service of automotive and industrial equipment, such as wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane systems, collision repair equipment, air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists..

http://todaysbigstock.com/2013/01/14/sn ... -nyse-sna/
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Re: Snap-on Inc (SNA)

Postby winston » Thu Oct 13, 2016 11:13 am

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Best Stocks of 2016: Snap-On Incorporated (SNA) Stock Is a Steal

Snap-On’s bottom line grows; EPS numbers, you gotta like those!

By John Divine

Source: Investor Place

http://investorplace.com/2016/10/snap-o ... _77SuB96M8
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Re: Snap-on Inc (SNA)

Postby winston » Fri Sep 21, 2018 9:04 pm

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A FULL RECOVERY FOR SHARES OF THIS TOOLMAKER

Today, we're looking at an industrial company that is bouncing back...

Longtime readers will recognize the term "bad to less bad" trading. By buying cheap, hated assets, you can make huge gains as the market evens out – or as things get "less bad." Today's company is the latest example of what can happen when sentiment shifts...

Snap-on (SNA) is a $11 billion industrial-tool manufacturer. The company was hit hard at the beginning of 2018, falling with the rest of the market during the February correction.

The stock dropped 21% before bottoming in May. But the market turmoil didn't last. And Snap-on has kept on doing business... In the most recent quarter, the company reported net income of roughly $179 million, a 17% increase from the same period last year.

As you can see in the chart below, SNA has recovered from its sudden tumble. Shares are up more than 30% from their May lows, and they recently hit a fresh all-time high. It's more proof that you can make impressive gains as things get "less bad"...

Source: Daily Wealth
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Re: Snap-on Inc (SNA)

Postby winston » Fri Dec 11, 2020 9:03 pm

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A TOOLMAKER WITH STEADY SALES ISN'T SEXY... BUT IT'S RELIABLE

Today's chart highlights a "boring" business that's thriving...

Longtime readers know that although investors get excited about the latest "fads," and breakthrough technologies, you don't always need to have a risky business model to succeed.

Some of the most reliable gains come from businesses that you'd consider just plain-old boring. Today's company is one example...

Snap-on (SNA) is a $10 billion toolmaker. It employs around 12,200 people across the globe. And its annual sales have kept rising for five of the last six years. Even as other businesses are struggling in the face of the COVID-19 pandemic, this boring business is showing strength...

In its third-quarter results, the company reported that net sales increased to $941.6 million, up 4.4% year over year. Plus, its net earnings per share rose to $3.28 per diluted share, compared with $2.96 last year.

In the chart, you can see that SNA dropped in March with the rest of the market, but has made a strong recovery. It's up around 90% from its lows, recently hitting a new multiyear high. It may not be sexy or exciting... but selling tools is paying off today.

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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