This summary was created by AI, based on 3 opinions in the last 12 months.
Experts have differing views on the performance of Snap-On Inc. One expert sees weakness in the company's performance despite the increasing demand for car maintenance. Another expert is optimistic about an uptrend, advising current shareholders to hold on, but to monitor the stock for any potential dips. The third expert expects further strength in the stock due to exposure to the car industry and seasonal performance. Overall, there is a mix of caution and optimism regarding the future performance of Snap-On Inc.
On an uptrend. The last 2 peaks are at about the same level, so you have to be aware that it might be consolidating. If you own it, hang on. Keep an eye on that last low, you don't want to see it break. If breaks past last high, it's bullish. Decent chart.
Exposure to car industry (old cars need repairs). Seasonality - performs well in January. Expecting further strength in stock. Cyclical stock, so expect volatility.
Last week, they reported a clean top and bottom line beat, but shares didn't pop much. Shares remain down 15% from its July highs.
(Top Pick Jun 7/16, Down 4.29%) They had a great second quarter. They have high customer intelligence. The company has been around about 100 years and paid a consistent dividend for 77 years. Very high quality book.
A leading manufacturer and distributor of tools and power systems, etc. They’ve paid a dividend for 77 straight years and are growing their dividends at 15%+. Have a van network of 3500 vans with their franchisees. Their next closest competitor is 1500 vans. Dividend yield of 1.53%.
Snap-On tools that are available everywhere. He loves this because he is a huge believer in housing stocks and the housing market right now. The housing numbers, both existing and new home sales, in the last week for last month were absolutely fantastic. He feels this is going to continue. Millennials are finally getting to the age where they are going to start buying homes in the US. (See Top Picks.)
Snap-On Inc is a American stock, trading under the symbol SNA-N on the New York Stock Exchange (SNA). It is usually referred to as NYSE:SNA or SNA-N
In the last year, 2 stock analysts published opinions about SNA-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Snap-On Inc.
Snap-On Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Snap-On Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Snap-On Inc In the last year. It is a trending stock that is worth watching.
On 2024-12-03, Snap-On Inc (SNA-N) stock closed at a price of $364.22.
Seeing weakness in company. Despite car maintenance going up, company not performing. Has sold shares.