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Spirax-Sarco May Sound Like a Star Wars Hero but it's Respected in the City - For Good Reason

By Malcolm Stacey | Thursday 28 November 2019


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello, Share Pickers. One of my longest-held shares was the big engineer Spirax-Sarco (SPX). I sold for a big profit. Only to see the blooming stock keep on rising. Recently, unable to stand the strain, I bought the shares back. And annoyingly I nursed a 15% drop almost straight away. But now that paper loss is being eroded day by day. This company is well-run and usually reliable, making me think that the share price will keep on rising. It’s risen about 4% in the last couple of days...

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