Snap-on Incorporated (NYSE:SNA) is looking for acquisitions. Nicholas Pinchuk said "And then we look at acquisitions. We have -- we always maintain a list of acquisitions, landscape of acquisitions, which we review monthly really and certainly quarterly with the Board.

And we've made acquisitions over the years. Some of them have been small. Some of them have been mid-range.

But we're not afraid to acquire something big. We come from -- our team comes -- a lot of it has come from United Technologies, where they made big acquisitions. We're not afraid of those, but we're not looking to transform the business.

We look to acquire businesses that are coherent with us that are in the critical -- this is what we know. So we know, we know how to manage them. We like businesses that customize because we know how to do that.

We know how to manage the complexity associated with that. So we keep doing that. And I wouldn't rule out a huge acquisition.

I have no compunction because I know we have the management team to manage it. But we know who we are, and we know we don't want to say, sell to big boxes. We don't want to.

Because we -- that's not our thing. We're not a company that makes the money by the penny. And then after that, you talk about buying back stock on an opportunistic basis.

That's all we do. But then I come back to -- we're not a company that makes our money by the penny".