growth and income

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    growth and income

    Last week, I let you in on the secret of a great American company, building an iconic brand, whose stock should be a bedrock investment for your portfolio.

    This week I've found another company, larger than its Indiana neighbor, that has the same characteristics I find admirable and investable: solid earnings and balance sheet, steady growth, the ability to react to changing markets under seasoned management, and right now, a reasonable, if not underappreciated, valuation.

    Most importantly, this company is poised to continue a tradition of generating steady profits and income to our portfolios, and like the products it manufactures, this is a stock built to last.

    It's a company we should jump on right now to benefit for the long term. Indeed, when people talk about a manufacturing revival occurring in the United States, they are talking about companies like this one...

    Let me introduce you to this old-fashioned American manufacturer with very modern returns...

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