bcncv

Snap-On: The Future Looks Promising

Snap-On makes some great tools, and I still own some that my grandfather bought many years ago. They're the best tools in the family, and they really do last forever.

I'm not sure I'd own it as an investment though. Although I haven't studied the stock as closely as you, I feel like they're fighting a trend of car manufactures creating lower maintenance cars, and younger generations that are less interested in maintaining their own vehicles. I don't know anything about their international sales, but I don't imagine the super high quality / super high price combo will sell well in many growing emerging markets either.

Although if they declared a special dividend of a new ratchet set, I'd buy stock in a heartbeat :-)