Buy Logitech Stock Before Everybody Else Does
You shouldn't be surprised by the monster quarter that Logitech (NASDAQ: LOGI) quietly posted on Monday night, several hours after traders went home. Anyone following the iconic maker of mouse controllers, webcams, and other consumer electronics peripherals knows how the company is killing it these days. The brief sell-off earlier this month ahead of Apple's (NASDAQ: AAPL) iPhone 12 event may have added a new layer of uncertainty to the investment, but it was ultimately the mother of all buying opportunities.
It's impressive how even some of the biggest bulls on the stock sorely underestimated the demand for Logitech's gadgetry. The Switzerland-based icon had a quarter for the ages, dramatically jacking up its full-year guidance along the way. Let's take a closer look at Wall Street's Swiss miss.
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Source Fool.com
