Watsco, Inc. Aktie News

Watsco's recent acquisitions in the plumbing supply distribution industry indicate a greater focus on growing its presence in this market. The company's management aims to double the size of the business, offering potential for significant shareholder returns. Watsco is also positioned for long-term growth through efficiency improvements and HVAC/R acquisitions.

Watsco, Inc. (WSO) Q1 2024 Earnings Call Transcript

As the old adage goes, with great reward comes great risk – many growth stocks have come crashing back down to earth after failing to live up to the hype. So how do you separate the wheat from the chaff?

Watsco missed expectations in the first quarter, but said it sees momentum building. The HVAC market tends to strengthen in the summer months when air conditioning units are in demand.

Continued Customer Adoption of Industry-Leading Technologies Drives Share Gains; Company Strengthens Balance Sheet for Long-Term Investment and Growth

Dividends have contributed significantly to the total return of the S&P 500 since 1960, making dividend investing important. The favorable conditions for growth stocks in the past decade may be coming to an end, making value/dividend stocks more attractive. Dividend growth stocks have historically outperformed and come with lower risks due to strong financials and management discipline.

MIAMI, April 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 first quarter financial results on Wednesday, April 24, 2024 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.

Investing in stocks and other assets can lead to a better retirement. Investments compound over time and have the potential to deliver exceptional long-term returns.