G.U.D manufactures industrial goods such as electrical appliances, auto parts and water systems hence it benefits from high levels of discretionary spending which is not the case today hence the obvious question being why have UBS included it in their list. The company has coped extremely well with supply chain / China disruptions with elevated inventories helping insulate the business, UBS believe the stocks valuation is attractive but MM is more comfortable around $10 where the projected yield will be well above 4% and P/E sub 14x.
MM likes GUD ~$10
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