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Boring is beautiful.
We want businesses in boring, unexciting, and unsexy industries that are less likely to gain the attention of Wall Street & investors like Jim Cramer.
Why?
Well, several reasons:
Better valuations (Less hype premium)
Lower levels of competition
Long-term stable & consistent
If you want excitement, you should go play poker or blackjack. But for investing, you want it to be boring, consistent, and uneventful.
A bonus to these kinds of businesses is that it is easier to stay invested, as they keep on compounding the intrinsic value per share. You are less likely to fall victim to psychological biases that plague investors (insert bias article).
Without further ado:
6 Boring Quality Businesses π
Pool Corp.
Danaher Corp
Mettler Toledo
Terravest industries
Waste Management
Alimentation Couche Tard
Boring is subjective, but these stocks are unlikely to be featured on CNN as "hot". Let's take a look:
Pool Corporation POOL 0.00%β
Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.
Financial Rundown:
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Danaher Corp DHR 0.00%β
Danaher Corp Danaher is a multinational conglomerate with headquarters in the US. The company operates in various sectors, including life sciences, diagnostics, dental, and environmental and applied solutions.
Danaher is known for its portfolio of high-quality, precision instruments and technologies that enable scientific research, medical diagnostics, and industrial processes.
Financial Rundown:
Mettler Toledo MTD 0.00%β
Mettler Toledo is a leading global manufacturer of precision instruments and services.
The company focuses on the development and production of weighing scales, analytical instruments, and process analytics equipment.
Mettler Toledo's products are used in laboratories, industrial manufacturing, and retail applications, providing accurate measurements and ensuring compliance with quality and regulatory standards.
Financial Rundown
Terravest Industries $TVK.TO
Terravest is a Canadian investment firm that specializes in alternative asset management.
The company focuses on acquiring and managing strategic businesses in sectors such as energy services, waste management, and natural gas.
Terravest Capital aims to generate long-term value for its investors by identifying and nurturing companies with strong growth potential and sustainable business models.
Financial Rundown
Waste Management WM 0.00%β
Waste Management is a prominent waste management and environmental services company based in the US. The company offers comprehensive waste collection, recycling, and disposal solutions for residential, commercial, and industrial customers.
Waste Management is committed to sustainability and environmental stewardship, working towards reducing waste and promoting recycling and renewable energy initiatives. Their services contribute to the efficient and responsible management of waste materials.
Financial Rundown
Alimentation Couche-Tard $ATD.TO
Alimentation Couche-Tard is a Canadian convenience store and fuel retailer with a global presence. The company operates a vast network of convenience stores under various brands, including Circle K and Mac's.
Couche-Tard focuses on providing customers with a wide range of products and services, including fuel, snacks, beverages, and other convenience items. Their strategic acquisitions and operational expertise have contributed to the company's growth and market expansion.
Financial Rundown
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Simple, boring, consistent.
Formula to be successful in the markets.
All just incredible compounders. They're companies I'd feel confident parking a lot of money and trusting it grows steadily over the next decade (outperforming the index).