Last week, we introduced the notion of “one-decision stocks,” those infrequent investments where one can actually "buy and hold" for years without thinking of selling.
Expeditors International of Washington was the inaugural member, and today, I have another.
My "Call-to-Action" is to buy Ecolab. The second member of The Strategy Session’s “one-decision stock club" should be a winner, and here’s why.
Ecolab makes hand sanitizers, a most peculiar secular growth story that only seems to grow with each report of Mad Cow, Swine Flu or some other exotic disease that only seems to affect animals in Southeast Asia but somehow has everyone on the Upper West Side of New York City freaked out—hence the need to wash your hands.
While these phobias may fatten shrinks' bottom lines, it can also help shareholders profit too. There are also new products in the pipeline.
Just a few days ago, Ecolab launched Virasept, its first ready-to-use hard surface disinfectant. They are also developing with DuPont a coating for food processors that will reduce the risk of contamination.
And while Ecolab may traffic in sanitizers that use artificial ingredients, it has only just begun to tap its real organic growth potential in markets like China, India, and Africa. If Ecolab can catch on there, the stock should soar.
Membership in The Strategy Session’s “one-decision stock club” is a particularly exclusive affair in these markets. But Ecolab's long-term and short-term trends look great. This is one you can hold for years.
"The Strategy Session," hosted by David Faber and Gary Kaminsky, airs weekdays at Noon ET on CNBC.
Gary Kaminsky does not hold any equity positions.
The content of this blog is published in the United States of America and persons who access it agree to do so in accordance with applicable U.S. law.
All opinions expressed in this blog are solely the opinions of Gary Kaminsky and do not reflect the opinions of CNBC, NBC UNIVERSAL or their parent company or affiliates, and may have been previously disseminated on television, radio, internet or another medium. You should not treat any opinion expressed by Mr. Kaminsky as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Mr. Kaminsky’s opinions are based upon information he considers reliable, but neither CNBC nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Kaminsky, CNBC, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided on this website. Mr. Kaminsky’s statements and opinions are subject to change without notice. No part of Mr. Kaminsky’s compensation from CNBC is related to the specific opinions he expresses.
Past performance is not indicative of future results. Neither Mr. Kaminsky nor CNBC guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this website or on the show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website or on the show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this website or on the show. Before acting on information on this website or on the show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.