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by Tim Schäfer, Euro on Sunday
It includes components for aerospace and telecommunications. Pumps for the oil and gas industry are another specialty. Dover partners with ABB to build EV charging infrastructure in Europe. Last year, the board acquired companies to become stronger in hydrogen and liquefied natural gas (LNG).
Dover is now building a state-of-the-art LNG filling station network in Germany. In 2021, sales increased by 18 percent to $7.9 billion. Profits have almost doubled to $1.1 billion. Analysts expect sales to increase to $8.6 billion in 2022. The valuation with around twice the turnover seems reasonable. There is also a dividend. Since the beginning of January, Dover has lost a good third of its market value. Opportunity.
Industry: Industry
Headquarters: Downers Grove, Illinois (USA)
market value: 17,1 Mrd.
Tim Schaefer is a journalist and has been writing about the stock market, stocks and companies since 1998. The graduate business economist and DVFA stock analyst has lived in New York since 2006 and reports from there on what is happening on Wall Street, including for Euro am Sonntag. Schäfer is known for his reports on small second-line stocks.
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Leverage must be between 2 and 20
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