skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 
Home » Tips » Stocks and Shares Tips » Spectris: disposal of non-core assets leaves tech firm flush with cash

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.

 

The rest of this page is for members only. Please log in below or visit the registration page for Armchair Trader+ to see the benefits of becoming a member.


Log In or Sign Up to Armchair Trader+

Already a member? Log in here:


Not a member yet? Sign up for your free trial or check out the benefits of membership.

Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader+ for further details on the benefits of becoming a member.

This article is not investment advice. Investors should do their own research or consult a professional advisor.

Stuart Fieldhouse Editor

Stuart Fieldhouse

Stuart Fieldhouse has spent 25 years in journalism and marketing, including as a wealth management editor for the Financial Times group, covering capital markets and international private banking, and as an investment banking correspondent for Euromoney in Hong Kong. He was the founder editor of The Hedge Fund Journal.

Stuart has worked at CMC Markets, supporting the re-launch of its global financial spread betting and CFD trading platforms. He is also the author of two books on trading, published by Financial Times Pearson. Based in The Armchair Trader’s London office, Stuart continues to advise fund managers, private banks, family offices and other financial institutions.

Stocks in Focus

Here are some of the smaller companies we follow most closely. They represent significant growth stories in our view. Our in-depth reports detail why we like them.

Comments

Subscribe for more stories like this, 8am weekdays - for free!


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
WisdomTree
ActivTrades
Back To Top