The Latest Breaking News from Snapon

Snap-on has outperformed other industrial stocks by a small margin over the past year and analysts remain cautious about the stock’s prospects.

Despite Snap-on's relative outperformance over the past year, Wall Street analysts remain cautious about its prospects.

Snap-On stock sees its Relative Strength Rating reach the 80-plus level.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.78%. Stock indexes on Thursday posted moderate losses. Weakness in...

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Snap-on Incorporated (NYSE: SNA) is likely to register year-over-year growth in its the top and bottom lines when it reports second-quarter 2022 results on Jul 21.

 

If history is any guide, there may be good fortune ahead for shares of Snap-on (NYSE:SNA). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Snap-on (NYSE:SNA) has outperformed the market over the past 20 years by 2.96% on an annualized basis producing an average annual return of 10.13%. Currently, Snap-on has a market capitalization of $11.88 billion.