- Despite moving most of its supply chains and sourcing out of China, a costly operation, the company produced good Q3 results.
- Zebra Technologies is well-positioned to benefit from increased digitalization of business and the increasing importance of software and AI solutions underpinning this.
- This shift and the company’s cost discipline generate considerable leverage, with earnings and cash flow growing considerably faster than revenue.
- The shares need to digest recent steep gains but are still attractive.
Zebra Technologies: Tailwinds Continue
November 4th, 2019 · No Comments