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Snap-on Incorporated (SNA): A Bull Case Theory

We came across a bullish thesis on Snap-on Incorporated (SNA) on Substack by William Fleming-Daniels. In this article, we will summarize the bulls’ thesis on SNA. Snap-on Incorporated (SNA)'s share was trading at $361.85 as of Nov 11th. SNA’s trailing and forward P/E were 18.60 and 18.02 respectively according to Yahoo Finance.

[caption id="attachment_577946" align="aligncenter" width="750"] YAKOBCHUK VIACHESLAV/Shutterstock.com[/caption]

Snap-on Incorporated (NYSE: SNA) has solidified its position as a leader in the tool and diagnostics market, serving industries like...