There are only two certainties in life, death and taxes, which makes the death care industry a perfect place to invest.
However, the death care industry within the U.S. is highly fragmented, there are now only three publicly traded players. Service Corp. (NYSE:SCI) is the industry's largest player, followed by Stonemor Partners L.P. (NASDAQ:STON) and finally Carriage Services (NYSE:CSV).
Carriage is by far the most attractive investment out of the three. Carriage Services operates 167 funeral homes in 27 states and 32 cemeteries in 11 states.
Carriage and its peers are known as "consolidators" - there were four consolidators but Carriage's larger peer, Service acquired the fourth consolidator, Stewart Enterprises late last/early this...
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