MCD - Is Ecolab Stock a Buy?
Ecolab (NYSE: ECL) is a very attractive company, and it's also one of the very few that's set to be a net long-term beneficiary of the COVID-19 pandemic. After all, the company is the global leader in water safety, hygiene, and infection prevention solutions, and there's little problem raising awareness of those issues right now. Let's take a closer look at the company and assess the investment proposition.
Ecolab recently completed the separation of its upstream energy business, ChampionX, and is now free to focus on its core aim. Specifically, management is looking to take advantage of a growth opportunity in its key health and safety markets.
Ecolab keeps food equipment clean. Image source: Getty Images.