This summary was created by AI, based on 1 opinions in the last 12 months.
Based on the reviews, it seems that Kone Corporation (KNEBV-HEL) has been a successful investment over the long term. The stock's all-time peak in 2021 led one expert to sell half and take profits, only to buy back in when the Euro weakened due to political events. Elevators as a whole have performed well, with Kone Corporation being a recurring revenue business with net cash. Overall, the consensus is that this stock has been a winner over time.
(A Top Pick Feb. 10/17 Up 16%) One of the largest escalator and elevator companies in the world. The manufacturing side of the business has benefitted from growth in China. The service side is the most profitable part of the company. He sees this as a good way to participate in global economic growth. It trades on the Pink Sheets in New York as well. Yield 3.6%.
(A Top Pick Feb 10/17, Up 15%) New construction and maintenance of elevators and escalators. New construction has largely been in Asia but Maintenance is very profitable. He continues to like it.
A global elevator company. The dividend has risen substantially. In the last couple of years, it has been relatively dead money, but now we are starting to see an expansion of the global economy, so he expects it to start to move again. Cash reserves exceed all liabilities by a considerable margin. A good growth stock on urbanization. Countries like China and India need more elevators, and this company has the market share in both countries. Dividend yield of 3.4%. (Analysts’ price target is €44.00.)
A Finnish elevator manufacturer. A cyclical business, but very well-run. He prefers Halma (?) out of Britain which makes sensors and smoke detectors. It generates considerable free cash flow that can grow 10% a year in revenues bottom line and dividends.
(A Top Pick Aug 26/11. Up 30.39%.) (Helsinki exchange) 4th largest elevator and escalator company globally with a big presence in China and India. Have 2 businesses. Building elevators and escalators and servicing them. The big profit margin is in servicing. Still a Buy.
Kone Corporation is a OTC stock, trading under the symbol KNEBV-HEL on the (). It is usually referred to as or KNEBV-HEL
In the last year, 1 stock analyst published opinions about KNEBV-HEL. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kone Corporation.
Kone Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Kone Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Kone Corporation In the last year. It is a trending stock that is worth watching.
On , Kone Corporation (KNEBV-HEL) stock closed at a price of $.
(A Top Pick May 20/22, Up 6%)
It all-time peaked in 2021, so he sold half and took profits. Then, Putin invaded Ukraine a year ago, so he bought that back as the Euro weakened. This has been a winner for him over a long time. Elevators as a whole have done well--a recurring revenue business with net cash.