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Logitech: Initiate Buy Rating On Growth And Margin Expansion Tailwinds
LOGILogitech(LOGI) seekingalpha.com·2024-05-18 15:43

Panama7 Investment summary My recommendation for Logitech (NASDAQ:LOGI) is a buy rating. I believe there are strong growth tailwinds ahead that can drive LOGI's growth back to low teens, especially considering that the addressable market is extremely large. As LOGI sees growth recovery, I also expect margins to expand accordingly on the back of better inventory management, lower product costs, and operating leverage. Business Overview LOGI designs, manufactures, and markets computer peripheral products such ...