Not everything went south in 2011!
December 20th, 2011
Only some days left to Christmas and a lot of stock investors will be happy:
this horrible year comes to an end, a year of crisis, uncertainty, warnings and downgrades.
But not everything went south!
Take Colfax (NYSE: CFX) the fluid handling specialist this blog follows on a regular basis.
Colfax had a busy year preparing for its biggest acquisition, the Charter Group plc., and at the same time did very well to develop its other businesses.
The share price this year went from $ 18.41 at year end 2010 to above $30 today, that’s up 63%!
Wow, what a performance compared to the overall market!
What do we learn from this? Buy quality and stay the course!
….. Merry Christmas and a happy new year 2012 to all our readers!