Why Investors Shouldn’t Overlook Logitech International Stock
Logitech International (NASDAQ: LOGI) is not as exciting as some other tech stocks that have flourished during the shelter-in-place period, but the maker of PC peripherals has experienced increasing demand for its products. Logitech's sales increased 15% year over year on a constant currency basis in the fiscal fourth quarter (ended March 31).
The stock is up 22% year to date as of this writing, significantly outperforming the S&P 500, which is flat for the year. Over the last five years, the shares have nearly quadrupled in value. Here's why Logitech continues to outperform and why investors should keep the stock on their radar.
Image source: Logitech International.
Source Fool.com
