Beat The Market With This Toilet Stock
Picture a big, publicly traded conglomerate.
One that’s up more than 20% year-to-date.
What do you imagine.
Ferguson?
Wow! Good guess and you are 100% correct!
Oh? It turns out you’re the lead Wall Street analyst for Ferguson ($FERG) stock. And you already know all about this market-beating plumbing conglomerate with a long (if inconsistent) history of dividend growth?
Cool!
That made my job easy.
Thanks for stopping by, and have a great day!
Jokes aside, Ferguson is a major plumbing conglomerate with an impressive track record for beating the market. And it provides steady, long-term dividend growth — although, the company’s dividend does have one issue that we’ll get into later.
But first, let’s take a look at what Ferguson does.
And why it might be a great long-term investment.
What Does Ferguson Do?
Ferguson sells plumbing and heating supplies. They’ve been in business since 1887.
Though the company pivoted to its current business model in 1953.