This Under-the-Radar Stock Is a Long-Term Winner
It's hard to build an entire company around a single product, but WD-40 Company (NASDAQ: WDFC) has done it. It's a multipurpose specialty chemical that inspired the company's name and makes up more than 90% of sales for the business.
The stock itself is very low-key; you will rarely see articles covering the company in the press. WD-40 is well-known among homeowners, though, and becoming familiar with the business behind the product could pay off for investors. Here's why long-term investors should consider this steady winner for their portfolios.
Homeowners likely know the product well, but WD-40 is a specialty chemical sold in a spray can for those who don't. It's petroleum-based and has many uses, including lubrication, degreasing, removing rust, cleaning, etc. Any simple internet search will show articles listing dozens of uses for the versatile product.
Source Fool.com
