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With a market cap of roughly $19.5 billion, Wisconsin-based Snap-on Incorporated (SNA) is a global leader in tools, equipment, diagnostics, and repair solutions and has been serving professional users in industries such as vehicle repair, aerospace, military, and manufacturing since its founding in 1920. Known as the mark of seriousness and pride for hardworking professionals, Snap-on’s products are sold through a network of franchisee vans, direct channels, and distributors under trusted brands.
Shares of SNA have gained 34.8% over the past year and 27.8% on a YTD basis, slightly outperforming the broader S&P 500 Index’s ($SPX) 31.8% annual return and 25.8% YTD growth.