- Halma plc is a lesser-known U.K.-based manufacturer of a variety of life-saving and security-related devices and products.
- Halma's resilient business model and management's impeccable track record in mergers and acquisitions form the basis for its strong profitability.
- Even though the company is routinely acquiring other businesses, its balance sheet remains flawless.
- Halma certainly deserves a premium valuation, but I still find the current valuation a bit excessive even after the recent sell-off.
- The stock is definitely one to keep an eye on, as the opportunity to buy shares of this wonderful company will come at some point in the future.
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Are You Looking For A Stock To Pass On To Your Heirs? Consider Halma PLC