Opinions
Jim Cramer - Mad Money
Logitech International SA
LOGI-Q
BUY
Oct 20, 2020
Long liked this, but their latest earnings beat today surpassed even his expectations. It's on fire. Gross margins and cash flows surpassed expectations last quarter.
$92.640
Stock price when the opinion was issued
electrical
electronic
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY ON WEAKNESS
Allan Tong’s Discover Picks LOGI shot up as high as $140.17 and has bounced back to surpass even its 2020 peak. On the Nasdaq, Logitech trades above $120. (The Swiss listing performs as well on a year-to-date basis.) And yet it still trades a lower PE of 22.4x compared to its tech peers, such as Hewlett Packard‘s 29.8x or pure gamer, Activision Blizzard at 31.8x. More kudos for beating its last four quarters, hands down. So, for a work-at home stock, Logitech looks far from dead. Read 3 Promising Euro Stocks to Buy for our full analysis.
electrical
electronic
TOP PICK
Despite revenue and profit growth is there, it is down 20% since its highs. The reason is due to the covid variant lockdown. People are not out in the gaming industry doing competition and in cinema. Video games are the future. Trades at 13x earnings, which is reasonable. Dividends are rising 10% a year. Free cashflow yield is 10%. Cost of capital is 8% versus return of capital at 46%. Could raise dividends and spend on innovation. Cheap here.
electrical
electronic