The Forever Businesses
Some stocks just take care of themselves. It could be the quality of the business model, no competition, or the stellar executive team (ideally all three), but whatever it is, certain stocks require little upkeep. Obviously, you can’t just buy something and literally forget about it for forty years. Earnings letters need to be read, and business plans evolve. You don’t want to end up owning the Sears of the 2050s and not know it. But that’s typically the only work needed to s
Fundamental Analysis of McCormick
On the latest Fundamental Analysis Show we discussed McCormick (MKC), the spice and flavor conglomerate. Highlights from the Show: P/E of 31.5 FCF margin of 13.9% Q3 operating income of $254 million, up 9% Extremely high moat Listen to the full show: Spotify Apple Podcasts Google Podcasts #podcasts #Stocks #Investing #McCormick #FundamentalAnalysis #Finance