Buy This Stock and You May Never Go Broke
Food can be a language of love and often carries cultural significance in society. The flavors of food define it, and besides, nobody enjoys bland food!
This may explain how spice and condiment company McCormick & Company (NYSE: MKC) has done so well over the years. Walk down the spices aisle in your grocery store, and you will be amazed at how many brands are owned by McCormick -- from Frank's Red Hot to Old Bay, Lawry's, and of course, McCormick-branded spices.
It's hard to find investments that you can genuinely stow away and "forget" about. However, McCormick might top the list if I had to pick one company to own for the next 100 years. Here's why you should never go broke owning the stock.
Source Fool.com
