not vested
THIS SUSTAINABILITY COMPANY SURPRISED WALL STREET
Today, we're looking at a "boring" business that has caught investors' attention...
While you typically find the biggest gains in growth stocks, you can also make steady, reliable returns through boring companies. These businesses can do the same thing for generations... providing what people need in good times and bad.
Today's company is helping to feed the world – and more – through the uncertainty of COVID-19...
Darling Ingredients (DAR) is a $6 billion global producer of sustainable natural ingredients. It takes used animal products like grease, frying oil, and other food scraps from restaurants and repurposes them into usable ingredients for feed, soap, and biodiesel.
Although the company took a blow from COVID-19 as energy demand fell in the early months of 2020, farmers and other crucial businesses still need animal products... And DAR surprised Wall Street by beating expectations in the second quarter.
As you can see in today's chart, DAR has soared since bottoming in March. Shares are up 115% over the past year, hitting an all-time high. This boring stock is heating up – and it's showing investors the power of a reliable business during a crisis...
Source: Daily Wealth