Logitech: Growth Tailwinds With Upside In Valuation

Caffital Research
1.62K Followers
(9min)

Summary

  • Logitech is well-positioned to capture global growth in the PC accessories market, driven by the global gaming trend and especially strong APAC growth.
  • Greater R&D spend and great profitability further cement Logitech's good market share.
  • While the valuation has in part caught up with the industry's tailwinds, LOGI stock still has remaining upside.

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Headquartered in Switzerland, Logitech International S.A. (NASDAQ:LOGI) manufactures and sells computer hardware accessories, including computer mice, headphones, webcams, streaming cameras, racing wheels, keyboards, and other products for professional and gaming use purposes. The company has global operations,

This article was written by

1.62K Followers
I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a stock's prospects to determine the risk-to-reward.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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