October '24 Stock Pick
Long runway for capital deployment at attractive rates in a high barrier to entry industry
I am going to get right to the point with this month’s pick. Why?
1) Because this month has been crazy and 2) the reasons I find this name attractive are simple and don’t need a long complex post to explain.
Here is how the previous picks have stacked up since I began this newsletter in January:
As always I make these picks with a long-term mentality. I have an analogy of whiskey barrels in my mind for each, they will take years to age and we really won’t know how they “taste” until time has passed.
The goal of course is to be a good enough distiller that when the time comes you have enough solid barrels to build a legacy. For me, I hope to have enough good picks to have some nice wealth into my old age.
Here is my newest barrel for October.
Please be advised, Wall St Gunslinger is not an investment adviser and does not give personal investment advice. All content is for educational and entertainment purposes only and should not be interpreted as anything other than such. Investing entails a lot of risks and should be managed appropriately. Please do your own research and consult with an investment professional before making any investing decisions. Thank you.
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