NYSE:TDYElectronic
Has Teledyne Technologies (TDY) Already Priced In Its Strong Recent Share Price Gains?
If you are wondering whether Teledyne Technologies at around US$610 per share is still reasonably valued, or if the easy gains are already behind it, you are not alone.
The stock has recently posted returns of 5.0% over 7 days, 17.3% over 30 days, 17.7% year to date, and 18.7% over 1 year, with longer term returns of 44.6% over 3 years and 71.0% over 5 years. That naturally raises questions about what is already priced in.
Recent attention on Teledyne has focused on its position as a high...