In today’s briefing:
- Monthly Container Shipping Tracker: As Momentum Wanes, Best to Avoid Carriers’ Shares (October 2024)
- Sensata Technologies Holding plc: Will Its Expansion into High-Value Sensing and Electrical Protection Be A Game Changer? – Major Drivers
Monthly Container Shipping Tracker: As Momentum Wanes, Best to Avoid Carriers’ Shares (October 2024)
- In the September data are clear signs of slowing momentum & price moderation
- Seasonality, NAM de-stocking, anniversary of Red Sea re-routes all contributing
- Without catalysts, we would AVOID holding shares of global container names
Sensata Technologies Holding plc: Will Its Expansion into High-Value Sensing and Electrical Protection Be A Game Changer? – Major Drivers
- Sensata Technologies repoted its Q2 2024 earnings with positive insights alongside challenges reflected in their financial outcomes.
- During Q2 2024, Sensata reported revenue of approximately $1.036 billion compared to $1.062 billion in the same period in 2023.
- Despite the decline, the company executed product elimination strategies targeting underperforming products, which, adjusted for, would depict a stable revenue curve slightly ahead of guidance.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
