Stock in focus: Bunzl

“The real appeal of Bunzl is that it has a long-term track record of deploying capital at very attractive rates of around 20% and it currently has a strong balance sheet which would allow it to potentially accelerate its levels of capital deployment and offset any near-term organic weakness.

In particular, we note that the debt-to-EBITDA ratio (which measures how much income is available to pay down debt) hasn’t been this good since 2006.”

Read the full Money Magazine August stock in focus from our Co-CIO Chad Padowitz below.

Read the full article here