Stockchase Opinions

Darren Sissons Atlas Copco AB ATCO.A-ST TOP PICK Sep 29, 2022

3-5 year hold. He's taking advantage of currency dislocations and valuations in Europe. Asset light. Industrial applications. History shows that if you don't buy on sale, it's a mistake. Tuck-in acquisitions. Very well run. Growing dividend, attractive valuation. Retraced, and could retrace further. Yield is 2.08%.
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Stock price when the opinion was issued

household goods
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TOP PICK
Looking to capture 10% currency differential and 30% decrease in share price. Lots of profitable M&A. Return in equity around 30% with global operations. Current share price presenting good buying opportunity.
COMMENT

As a rule, buy it on its native exchange, because the bid-ask spread is tighter due to higher trading volume. An ADR offers less liquidity. Green energy's popularity is a driver for ATCO. He invests in Sweden, but feels neutral about ATCO.

PAST TOP PICK
(A Top Pick Jun 17/22, Up 56%)

It is in the industrial sector. Although the last quarter was a bit softer there is significant upside.