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@cchriscs
Chris Miller
41 following17 followers
Boring stocks
Looking for boring names. Think mom and pop that never sell and generate cash flow.
Glorious prize for the best stock/investment

Not mom and pop... but Greggs PLC in the UK. Market leader in category, has been for decades, has 2.2K shops, and plans to have 3K and £2.4B in annualised revenues (2x today) within 5 years.

Only ever been unprofitable once in a given year (during covid), has no debt, has ample cash to self-fund an ambitious CapEx plan, and trades at 18x earnings.
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