This company keeps the world running.
The business is of the highest quality and has a long track record of outperforming the broader stock market.
The companies stable business model should help the share price outperform in both bull and bear markets.
W.W Grainger (GWW)
The company recently reported $11 billion in annual sales providing maintenance, repair and operating supplies. They repair and maintain important equipment that keeps business running such as motors (all types like belt drive, condenser fan, dc motors), laboratory tools, janitorial supplies, packaging, hydraulics, etc.
You likely have not heard the name since they are a business to business operating but if you run a business with physical equipment you have likely been a customer.
The company operates profitably year after year and is conservative with its balance sheet allowing them to raise dividends (A Dividend Aristocrat with 49 years of increase payments) and buy back shares of stock to provide great value to shareholders.
Since 1980 the total return for shareholders has been 14% annually compared to only 11.4% for the S&P 500.
With a current dividend of 1.5% and the likely continued dominance in its industry, W.W Grainger is a buy.
Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.
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