"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
- Warren Buffett
Graco Inc. (NYSE:GGG) designs, manufactures and markets systems and equipment to pump, meter, mix and dispense various fluids and coatings worldwide. As a mid-cap firm, Graco has plenty of room to grow and develop into an industrial equipment behemoth. Granted, the current multiple of 22 isn't cheap, but the growth opportunities are certainly there, and the valuation of a stock can't be determined simply by a P/E ratio. We believe Graco presents a large opportunity for shareholders as it has strong fundamentals and a wide moat based on intangible assets and high level entry...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|