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a minute ago
- Yahoo
Snap-on Incorporated (SNA): A Bull Case Theory
We came across a bullish thesis on Snap-on Incorporated on The Reservist's Substack by Yehoshua Zlotogorski. In this article, we will summarize the bulls' thesis on SNA. Snap-on Incorporated's share was trading at $321.19 as of July 31st. SNA's trailing and forward P/E were 17.11 and 17.24, respectively according to Yahoo Finance. An engineer at a workbench surrounded by automotive parts, tools, and microchips. Snap-On's latest earnings report reinforces the author's conviction in a trade built on a favorable risk/reward setup. The position, entered with a tight downside near $300 (a 3% loss), is based on Snap-On's strong fundamentals and dominant market position, which help anchor valuation. The key bullish thesis is that the post-pandemic lull in tool and equipment purchases—now entering its final stages- will fade by late 2025 into 2026, setting up for a cyclical rebound. This quarter supports that view: the Tools Group returned to growth (+1.7%) after four quarters of decline, RS&I also expanded, and while C&I fell 8%, the drop was attributed largely to temporary effects, with a recovery seen as the quarter progressed. Management continues to deflect with macro and geopolitical explanations, but the author sees the stagnation as a result of pandemic-era pull-forward, supported by weak financing data for big-ticket items. As these loans roll off over their typical four-year cycles, demand should return. The author also sees Snap-On as a likely beneficiary of tariff relief and potential industrial spending from the so-called 'Big Beautiful bill,' both of which could drive relative outperformance. Meanwhile, margins remain strong, cash builds, buybacks persist, and the 2.75% dividend provides a steady return while awaiting the upturn. The stock could rise 30% back to its historical $370–390 range, with minimal downside. Sized at 4% of the portfolio, the position provides lower beta industrial exposure while retaining the upside target common across the author's broader trading strategy. Further adds are possible on dips near $300. Previously, we covered a on Snap-on Incorporated (SNA) by William Fleming-Daniels in November 2024, which highlighted strong margins, stable cash flow, and long-term growth. The company's stock has depreciated ~11% since our coverage, as the thesis hasn't played out yet. Yehoshua Zlotogorski shares a similar view but emphasizes a near-term cyclical rebound driven by financing roll-offs. Snap-on Incorporated is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held SNA at the end of the first quarter which was 32 in the previous quarter. While we acknowledge the potential of SNA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a minute ago
- Yahoo
Manchester United ‘Open to Offers' for £70million Star
Man United Open to Hojlund Offers Amid Sesko Talks Manchester United's active pursuit of RB Leipzig striker Benjamin Sesko, as reported by Sky Sports News, suggests that the club's recruitment strategy under Ruben Amorim may be evolving faster than anticipated. Talks remain ongoing between United and Leipzig regarding the valuation of Sesko, a player with high potential who is viewed as an ideal fit for Amorim's fluid attacking system. According to Sky Sports News' Vik Varange, Amar Mehta and Dharmesh Sheth, 'Manchester United's pursuit of RB Leipzig striker Benjamin Sesko could have ramifications for Rasmus Hojlund's future.' This line alone indicates more than just a transfer rumour, it hints at real structural considerations happening behind the scenes at Carrington. United's openness to considering offers for Rasmus Hojlund, who only arrived from Atalanta in 2023 for approximately £70 million, marks a significant turn. The club is said to be willing to listen to 'suitable offers provided it was right for the club and the player.' Hojlund's Fight to Stay To his credit, Hojlund has not shied away from the challenge. He has featured from the start in both of Manchester United's pre-season tour games in the United States and publicly declared his desire to remain and fight for his place under Amorim. His mindset reflects maturity and belief in his potential, but as ever in elite football, intent must meet opportunity. Photo IMAGO The reality is that a new striker arriving could further reduce Hojlund's minutes. Though a straight replacement scenario appears unlikely, the looming presence of Sesko complicates matters. Leipzig, in return, are reported to have suggested a loan move for Hojlund as part of the negotiations. Amorim's Tactical Demands If Ruben Amorim intends to implement a high-pressing, versatile forward line, then the addition of Sesko makes tactical sense. His profile as a mobile and direct frontman fits neatly with Amorim's system, which often demands physical presence combined with technical flexibility. That said, Hojlund's profile isn't drastically different. What might tip the scales is Sesko's development curve and possibly greater upside. Amorim may simply see him as a more suitable long-term option, or even a complement, to add depth in a system that uses multiple forward options. What the Deal Could Mean Financially With UEFA's Financial Fair Play regulations looming large over Manchester United's transfer planning, selling or loaning out Hojlund could provide crucial breathing room. While a loan to Leipzig would help facilitate Sesko's arrival, a full sale of Hojlund could recoup funds for other reinforcements. Still, as reported, 'a scenario where Sesko joins and Hojlund stays cannot be ruled out.' That points to a willingness by the club to explore competition within the squad, rather than pushing a player out the door prematurely. Our View – EPL Index Analysis As a Manchester United supporter, this news leaves a mixed feeling. On one hand, it's exciting to see the club active and deliberate in trying to upgrade the squad, especially under a forward-thinking manager like Ruben Amorim. Sesko is a top talent and would be a smart addition in terms of age, profile and system fit. But letting go of Rasmus Hojlund, even temporarily, feels premature. He's just 22, has only had one full season at Old Trafford and has shown flashes of real promise. It's not every day a striker takes on that pressure at such a young age and still manages ten Premier League goals in a struggling side. Rather than viewing Sesko as Hojlund's replacement, it would be far more logical to see them as co-existing in a system that rotates or plays with two up front. With the number of matches United play across four competitions, depth up top is not a luxury, it's a necessity. There's also the psychological aspect. What does it say to a player if, one year after a £70 million transfer, the club is already willing to listen to offers? It's crucial that Amorim and the board show that young players are given time to develop at Old Trafford, not shuffled out at the first sign of competition. Hojlund deserves a proper chance. The best-case scenario? Sesko joins, Hojlund stays and both push each other to become even better.
Yahoo
18 minutes ago
- Yahoo
Analyst updates Palantir stock forecast before key earnings
Analyst updates Palantir stock forecast before key earnings originally appeared on TheStreet. Palantir () , the hot AI stock that's doubled this year, is making waves again. The company has recently secured another contract with the U.S. Army worth up to $10 billion over the next ten years. According to a release, Palantir will improve the Army's operational efficiency by creating a 'comprehensive framework for the Army's future software and data needs.' 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The deal consolidates multiple contracts into a single enterprise agreement, giving the Army more flexibility in purchasing software and services. It also reduces procurement delays and contract-related fees. Palantir is known for providing AI-driven data analytics software to the U.S. government, military, and commercial clients. The stock soared 340% in 2024 as demand for AI infrastructure surged across sectors. Investors are now watching closely ahead of the company's second-quarter earnings report, which is set for August 4 after the bell. What to watch for Palantir's second quarter earnings Three months ago, Palantir delivered robust earnings for the first quarter and issued a strong forecast for the second, yet the stock tumbled 12% on the following trading day. Palantir's first-quarter revenue beat was primarily fueled by robust U.S. sales, which rose 55% year-over-year. U.S. commercial revenue jumped 71%, while government revenue grew 45%. U.S. revenue accounted for about 71% of the total."We are in the middle of a tectonic shift in the adoption of our software," CEO Alex Karp said. 'We are delivering the operating system for the modern enterprise in the era of AI. Consequently, we are raising our full-year guidance for total revenue growth to 36% and our guidance for U.S. commercial revenue growth to 68%.' Palantir projects second-quarter revenue of $934 million to $938 million, surpassing the consensus estimate of $899.1 million. Just days ahead of its second-quarter earnings report, Palantir was trading near record levels. On July 31, the stock reached an all-time intraday high of $160.89. It closed at $154.27 on August 1, weighed down by a broader market slump. With that sharp surge, investors question whether Palantir's valuation is running too far ahead of its fundamentals. The stock currently trades at 277x forward earnings, well above other software providers like Microsoft () , which is 34x, and Salesforce () , which is 22x. Still, D.A. Davidson's head of technology research, Gil Luria, argued that Palantir is being driven up by 'very loyal' individual investors who prioritize the company's mission over its valuation. Analyst bullish on Palantir stock before earnings Wedbush reiterated an outperform rating and a price target of $160 for Palantir stock ahead of its earnings, according to a recent research note. Analysts led by Daniel Ives said the recent deal with the U.S. Army represents an additional tailwind, which places Palantir in the sweet spot to benefit from "a tidal wave of federal spending on AI.""We continue to believe that Palantir's unique AI software approach will be a positive growth catalyst as governments look to further increase efficiency with more software/lower headcount," Ives wrote. The analysts expect to hear more about this deal and strong AI-driven results when Palantir reports earnings. More Palantir Veteran trader surprises with Palantir price target and comments Musk moves xAI, Grok onto Palantir turf Veteran analyst sends bold message on Palantir stock target Palantir makes surprise move into weather This note follows Wedbush's earlier update on July 10, when the firm raised its price target on the stock from $140 to $160. "We believe Palantir has a 'golden path to become the next Oracle' over the coming years and while the valuation is expensive today we see the Messi of AI as a core winner in the trillions of AI spend over the next few years," Ives updates Palantir stock forecast before key earnings first appeared on TheStreet on Aug 3, 2025 This story was originally reported by TheStreet on Aug 3, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
