WD-40 Stock Analysis
WD-40 is a product that almost everyone knows. This iconic solvent / lubricant has found millions of uses within the life hack, DIY, and home repair communities.
The WD-40 Company ($WDFC) is also a publically traded stock with historically great performance — providing steady share price appreciation and consistent dividend growth.
Today’s article examines the WD-40 Company and whether or not it is a good investment.
What Does The WD-40 Company Do?
The WD-40 Company makes lubricants, degreasers, and rust-removal solvents. Sprays and oils that make metal or mechanical parts move easier.
For example, you might spray WD-40 on a squeaky door hinge or rusted bike chain. Or, you could use the product to clean a barbeque grill. This is a versatile, easy to understand product that serves an essential purpose.
Why This Business Is Appealing
WD-40 runs a simple business model with lots of free cash flow and a strong balance sheet. They’re also a small company with constant growth and expansion.
