TSLA - Plural Investing - XPEL: Competitive Advantages Greatly Misunderstood

2024-02-07 10:55:00 ET

Summary

• We invested in XPEL shares in 2020 between $11-$15 and have been shareholders since.
• XPEL is one of the highest quality businesses we have come across and its competitive advantages are generally greatly misunderstood.
• XPEL likely earned $2 in EPS in 2023 and we believe there is a long runway for growth.

The following segment was excerpted from this fund letter.

XPEL, Inc. ( XPEL )

XPEL is a global supplier of protection films. Like the film protecting the surface of your phone, XPEL's films can be applied to your car body, car window, and home or office window to protect it from scratches and chips or provide privacy and UV protection....

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