It's reassuring when there are things shareholders can trust about a company. And, there are certainly some trustworthy things about Watsco (WSO), the top HVAC/R (heating, ventilation, air conditioning and refrigeration) distributor in North America.
First, Watsco is going to grow through acquisition.
"We remain very active in the industry seeking great companies. We believe in investing in great companies and providing their leaders with resources to grow their business."
Second, because giving guidance has actually been a sore spot with Watsco in the past, if the company gives an estimate, projection