This summary was created by AI, based on 1 opinions in the last 12 months.
ESAB Corporation, identified by the symbol ESAB-N, has emerged as a strong performer in the industrial sector, particularly in the automaker industry where it supplies essential robotic technology. The recent review highlights ESAB as a top pick due to its remarkable 45% rise since July 17, 2023. Despite some uncertainties in the broader automotive market, which may see carmakers scaling back on their operations, ESAB's position remains robust. The company's cutting-edge robotic solutions for car manufacturing continue to be highly regarded, indicating a promising outlook for the future. Investors and analysts are closely monitoring ESAB for further growth opportunities as it adapts to the shifting dynamics within the automotive sector.
Stable business model, good for defensive investor.
Excellent management team.
Manufacturing & industrial business with large amount of North American market.
ESAB Corporation is a American stock, trading under the symbol ESAB-N on the New York Stock Exchange (ESAB). It is usually referred to as NYSE:ESAB or ESAB-N
In the last year, 1 stock analyst published opinions about ESAB-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 ESAB Corporation.
ESAB Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for ESAB Corporation.
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.
In the last year, there was no coverage of ESAB Corporation published on Stockchase.
On 2025-02-18, ESAB Corporation (ESAB-N) stock closed at a price of $131.67.
The big carmakers may be pulling back on their big plants. ESAB makes the robots for carmaking.