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Getting Long Snap-On Tools Before Earnings

Snap-On Inc. (NYSE:SNA), the maker of ubiquitous tools and parts, has seen its stock rally from the mid-$50s to $140 in one of the straightest lines I've ever seen. This is an example of a boring company that just keeps executing year after year and makes its shareholders money. The company is set to report its fourth quarter and full year results later this week so the question on investors' minds is, do you buy SNA before earnings? In this article I'll take a look at SNA's valuation and see if it's worth a look at add it before the company reports or if we should wait to see what management…