Signify, a wonderful share
The former Philips lighting division is doing wonderfully well. Perhaps the new working from home will cause sales to steadily increase. The share has been in ACM-NL's portfolio since the beginning of August. August yielded 10.4% and September another 12.8%.
Now in October it is also a Buy with a nice increase so far. The consensus of the 14 analysts who follow it is a Hold. However, our quant model sees it as a Buy, even now after a good price development.
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