Armchair Trader Buy & Hold Portfolio
- Spectris (LSE:SXS)
- Sector: Technology
- Market Cap: £4.47bn
- Entry price: 3989
- Target price: 4786
- Stop loss: 20%
We are adding Spectris (LSE:SXS) to our long term buy and hold portfolio this week. It is a Surrey-based precision instruments business. The share price has been doing extremely well recently, up from around 2500 in November last year to almost 4000 at time of writing.
Spectris is an industrial technology business active in the area of instruments, test equipment and other industrial applications. It also provides training, technical support, spare parts and maintenance. It supports a number of specialist testing platforms, for example for particles and materials research.
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