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Every investor knows not to put all their eggs in one basket. But with a limited amount to invest, you also don't want to spread your money too thin. Buying a small quantity of shares of too many different companies will have commissions and transaction fees eating away at your investment.
So a stock like the one we've got today is the perfect solution. And it could double your money in short order.
For just over $50 a share, this company gives you a stake in three different growth industries:
- Brand Solutions: It's a one-stop shop for brand development, activation, and deployment. Its clients in this field have included The Coca-Cola Co. (NYSE: KO), Ben & Jerry's, and Air France.
- Memorialization: It's a leading provider of products to funeral homes and cemeteries to help families get through their grief and honor their loved ones.
- Industrial Technologies: It manufactures and distributes hardware and software to automate industrial tasks like product labeling and identification - and even to guide self-driving vehicles.
At this point, you might be scratching your head: How does one company operate in such radically different segments?
Believe it or not, it all grew out of a small engraving shop founded 168 years ago in Pittsburgh.
The shop was quickly renowned for its master craftsmanship, attracting businesses developing their brands as well as funeral homes looking for top-notch memorial products. As the company developed its expertise in mass printing, industrial automation became a key productivity booster.
As the decades passed, the company separated into three major categories, and it has kept up with the increasing specialization in these fields to become far more than just an engraving operation. Today it employs 11,000 people on six continents, and it remains an industry leader in all three of its seemingly disparate segments.
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So thanks to this atypical evolution, we've got a solid dividend payer that's tapped into not one, not two, but three industries that are all on the rise.
Best of all, its current share price is less than half its true value. So shareholders can look forward to a sharp rise, followed by steady returns for years...
Three Different Industries, Same High-Quality Work
About the Author
Stephen Mack has been writing about economics and finance since 2011. He contributed material for the best-selling books Aftershock and The Aftershock Investor. He lives in Baltimore, Maryland.