timwest

McCormick (MKC) - 20 year weekly chart

NYSE:MKC   McCormick & Company, Incorporated
1
In hindsight: Notice how a simple company like McCormick (the spice company - who doesn't have McCormick in their kitchen?) has quietly gone from $5 in late 1989 to near $50 in late 2011. That is a 10-fold return or 1000% return (excluding plenty of dividends along the way) in less than 22 years. That works out to an 11% compound rate of return. MKC also paid about a 2%-3% dividend each year. Sometimes the boring, slow-growth stocks do the best over the long term.

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.