Mark Yagalla
Gold, currencies, macro, commodities

Watsco Remains A Top Investment In A Volatile Market

Watsco (NYSE:WSO) is a name very few are familiar with and one that doesn't get a lot of attention. However, it's a company that investors should take a closer look at. Watsco is the largest distributor of air conditioning, heating and refrigeration equipment and supplies in North America. The company has 569 locations in 38 states, Canada, Mexico and Puerto Rico. Watsco also exports to the Caribbean and Latin America.

Watsco entered the HVAC/R distribution market in 1989 and since then has grown revenues from $64.1 million to $3.7 billion last year. CEO Al Nahmad has been with the company since 1972 when he acquired a controlling interest and remains the company's largest shareholder.

Since 2009, results have...

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