My one-hundredth-and-thirty-fourth YouTube video “Quick Pick Middleby” went up today.
My Quick Pick this week is Middleby (MIDD), a company that produces restaurant equipment. I’ve been following them for 20 years, during which time they’ve pursued basically the same slow and steady strategy in their niche market area (where they are the largest player). The stock took a hit on its recent announcement that it expects to feel the impacts of inflation and supply chain difficulties. It’s difficult to catch a falling knife, but I think this stock is a good buy long term and I am adding it back to my 50 Stocks Portfolio, which has a holding period of 5 plus years.
Please watch and subscribe to my YouTube channel. And like my video.
Here’s the link: