Logitech: The Swiss company from Apples in the last fractals.

Purpose

Logitech International SA is a Swiss-based company specializing in the development and production of computer products and software for navigation, video communication and collaboration, smart home and other applications. The product portfolio includes mice, keyboards, charging stations, tablet cases, car mounts for mobile devices, remote controls, home cameras, home switches, controllers, Bluetooth speakers, surround sound systems, webcams and conference cameras. The company operates in a single segment, namely peripherals.

Innovation and quality are at the forefront ...

Logitech International SA is a Swiss-based company specializing in the development and production of computer products and software for navigation, video communication and collaboration, smart home and other applications. The product portfolio includes mice, keyboards, charging stations, tablet cases, car mounts for mobile devices, remote controls, home cameras, home switches, controllers, Bluetooth speakers, surround sound systems, webcams and conference cameras. The company operates in a single segment, namely peripherals.

Innovation and quality are at the forefront of the company's strategy, and the company places great emphasis on the processing of important key technologies. All Logitech products are regarded as the final interface between the user and the PC, games console or digital music or entertainment system. The peripheral devices, some wired and some wireless, are mainly developed for the PC navigation, gaming, Internet communication and program control segments. Logitech is one of the leading companies in its sector and operates internationally. Numerous subsidiaries and holdings operate under the umbrella of the holding company, including Logitech Inc., Logitech Asia Pacific Limited, Logitech Technology Co. Ltd. and Logitech Europe S.A., which focus on product development and global sales. Competitors include Apple, CHERRY, Creative Technologies, MEDION and Microsoft.

www.logitech.com

Analysis

Logitech also tends to benefit from the current situation. Due to the coronavirus crisis, many people are spending more time working from home, watching TV and gaming. Logitech manufactures a wide variety of products in all of these areas and is thus participating in the current trends. This is the only way to explain the share price increase of over 140% at times since March 2020.

According to the EW theory, however, the share is in an advanced state. This is hardly surprising after a rise of over 140 % at times in just a few months. The following charts show the ...

Logitech also tends to benefit from the current situation. Due to the coronavirus crisis, many people are spending more time working from home, watching TV and gaming. Logitech manufactures a wide variety of products in all of these areas and is thus participating in the current trends. This is the only way to explain the share price increase of over 140% at times since March 2020.

According to the EW theory, however, the share is in an advanced state. This is hardly surprising after a rise of over 140 % at times in just a few months. The following charts show the share in the BIG PICTURE in EUR and then in the shorter time frame in CHF. Unfortunately, the Logitech share is not available in CHF in the Guidants tool in the long-term picture. But as the reader already knows, according to the EW theory, it does not matter much in which currency a share is analyzed. In the case of Logitech, however, there is a minimal difference between the EUR and CHF analysis. In EUR two upward fractals are still possible, in CHF theoretically only one upward impulse wave.

Conclusion

  1. In EUR, an upper price target of around EUR 78 is still open and achievable.
  2. In CHF, the target price would be around CHF 88. However, the CRV is gradually falling and investors should ask themselves whether at least partial profit-taking would not be sensible.

Logitech

  • VALOR 2575132
  • ISIN CH0025751329
  • Author Oliver Dolezel
  • Date 12.09.20
Chance Risk Ratio
75%
Investment horizon
1–2 Jahre
Portfolio weighting
5%

Analysis Performance

Goal 1
88 CHF
Performance
+39%
reached
19.01.21

Performance since initial analysis

12.09.20

%


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