Techtronic Industries: Focus On Its Largest Customer
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The Value PendulumInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryMy "Buy" rating for Techtronic Industries is left unchanged, following an assessment of its key client Home Depot's recent disclosures.HD's 3Q25 call commentary indicated that the Pro user segment and large-ticket transactions were resilient in the latest quarter.Home Depot estimates that the Professional User category's total addressable market is $0.6 trillion, which is a big market for Techtronic's leading MILWAUKEE brand. photovs/iStock via Getty Images I'm staying bullish on Techtronic Industries (TTNDY) (TTNDF) (0669.HK). Its key client's quarterly results and investor event announcements suggest that TTNDY has a bright future. My earlier August 7, 2025, article highlighted its above-expectations 1H25 gross profit-to-sales. Don't Worry AboutThis article was written byThe Value Pendulum13.18K FollowersFollowThe Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides.He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of watch lists with monthly updates within his investing group.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You