April 20, 2018

Logitech keyboard buys Logitech stock

I really like my Logitech keyboard. It works perfectly, even on my Mac at home, where it’s even more reliable than the Mac keyboard itself. In my experience, products from Logitech have always been a safe bet.

Now a friend of mine who’s interested in stocks told me to buy Logitech stock. Their strategy is promising, the CEO is humble and yet ambitious. Obviously, I first take a look at the stock rankings.

The value rank of 29% is low. 71% of comparable stocks are therefore valued more favorably. However, the growth rank of 82 is high. Logitech is among the top 20% of companies in terms of growth. This also partly explains the low value rank. Stocks with strong growth have to be more expensive than those with little growth because the future profits of the growing companies will be higher.

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