Thread: Investing 102
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Old 10-01-2015, 09:58 PM
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ErikLS2 ErikLS2 is offline
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Quote:
Originally Posted by ironworks View Post
What is your take on Snap On. They go up and down in big moves almost daily. But man it got more hammered lately then I would have thought. Are they more international then maybe I thought?
I've been using the tools for 20+ years, just bought my first shares 10/20/2014 and as of today I'm still up 21%. They have the best tools, are in a lot more businesses than most are probably aware of and look at a 2 year or longer chart. They have these little blips and then keep on chugging along. Go to their website and listen to a recent conference call and you'll get a sense of the whole company. More than just tools to mechanics. This one stock showed me that once I'm aware that a company clearly without a doubt produces the best product, I should be a buyer. I will also know right away if the product starts to suck and can get out because I use them every day.
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Last edited by ErikLS2; 10-01-2015 at 10:05 PM.
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