Topic: How To Invest

Q: Hey, Pat. Thanks for all the good advice! It has kept me out of a couple of bad stocks. What do you think about Sensata Technologies? Thanks again.

Article Excerpt

A: Sensata Technologies Holding plc, $39.54, symbol ST on New York (Shares outstanding: 155.3 million; Market cap: $6.1 billion; www.sensata.com), is a U.K.-based developer, maker and seller of sensors and controls. Through its Performance Sensing business (73% of revenues), the company supplies a wide array of automotive/heavy vehicle sensors (pressure, speed, temperature) that are embedded in transmission, air conditioning, and other key systems. Its Sensing Solutions business (27%) serves a diverse group of industrial end markets including HVAC, refrigeration, and aircraft. In July 2022, Sensata completed the acquisition of Vermont-based Dynapower Company LLC. That firm is a leading provider of high-voltage power conversion systems for clean energy markets. The purchase price is $580 million in cash. Dynapower provides energy storage and power conversion systems including inverters, converters, rectifiers and custom transformers for renewable energy generation, green hydrogen production, electric vehicle charging stations, and microgrid applications, as well as industrial and defence applications. The company provides aftermarket sales and service to maintain and monitor installed…