Buying high-quality businesses and owning them for the long term is a solid strategy for dealing with the certainty that there will be uncertainty.
With these stellar unit economics, it’s no wonder the leadership team has been aggressively opening up more stores, including 101 net new locations just in the first two quarters of this fiscal year.
This strategy has worked extremely well up to this point, and the stock price has followed, up more than seven-fold over the past decade.
Home Depot , the largest home-improvement retailer by sales, has proven that its business model can thrive no matter what economic situation we’re in.
Home Depot prides itself on providing a seamless omnichannel shopping experience, utilizing its nearly 2,300 locations as hubs to get the right supplies, tools, and equipment to customers when they need them.
Even more exciting is that Netflix is projected to start generating positive free cash flow starting next year, something shareholders have long been waiting for.
Even with the bevy of streaming options consumers have at their fingertips today, Netflix still shines thanks to its award-winning and popular hit shows and movies.
With local content production currently taking place in 45 countries and the proven successes of foreign series like Squid Game and La Casa de Papel, the business is fulfilling its ambition of becoming a global media empire.
Investors can’t predict when the next market crash will happen, but they can prepare by having a watch list of companies ready to be purchased should the opportunity present itself.