WDFC is such a gem defensive company that has been beating SPY for a long time. Every time it has a correction is around 20%-30%. From the fundamental speaking, as Covid is getting better in the world, industrial will fully be back to work. Also, over ten plus years, I haven't seen any competitor's product have the ability to outperform WD40. It became a must-have product in both homes and industrial over the world.
The stock price may consolidate for a while, but it is always nice to buy in this price range in your long-term portfolio.
For self-education use only. Not financial advice.