Dorman Products, Inc.
Publicly traded companies with a high percentage of employee, director, and management ownership can provide a certain degree of comfort for the outside investor or potential investor. Insiders who share in the risks and rewards of ownership often end up as better stewards of their charge.
Of course this does not represent the only aspect of a company to evaluate from an investment standpoint. Selling a needed product that won more »
A company that can generate cash flow with little or no outside financing, such as floating debt, represents an optimal investment. This gives those particular companies a leg up in accessing external financing if the need arises. The four companies below fall into that category.
Recent years have been tough with unemployment rising to double digits in the latter part of 2009 (see chart below). Unemployment has declined slowly but steadily to the current rate of 8.1% but is still above the pre-recession norm of 5-6%. Businesses and consumers alike suffer during times of high unemployment. I am always on the lookout for companies that can be profitable during good times and bad. Dorman Products, Inc. (NASDAQ: DORM), a supplier of automotive replacement parts for the automotive aftermarket, is the company that benefits from frugal times.