BULL POINTS:
â– Further cyclical recovery potential
â– Diverse industry exposure
â– Strong developing market potential
â– Trading is picking-up
BEAR POINTS:
â– Shares not cheaply rated
â– Will suffer if capital spending stumbles
IC TIP:
Buy
at
1308p
Spectris' shares may have risen by over 40 per cent since August's half-year results, but there's every chance that the rerating at at this well-managed industrial electronics specialist has further to run. The next boost should come when the group publishes an expected bullish pre-close statement - due on the day Investors Chronicle hits the news stands.