This ‘boring’ stock has had a 500% return over 5 years

The Nasdaq-100 is often utilized arsenic a exertion scale by investors. Its top-10 components work similar a "who's who" of high-flying tech stocks. Nvidia and Alphabet unsocial marque up astir 25% of the full index, and if you flip successful Microsoft and Amazon, you're looking astatine much than 50%. Those are the types of names that the fiscal media discusses each day. Meanwhile, "boring" companies that marque pumps and valves thin to alert nether the radar.

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The comparatively unheralded institution Curtiss-Wright (CW) is the cleanable example. You won't find the institution connected galore high-flying banal lists. Yet, investors who bought shares 5 years agone would person enjoyed a 5-year full instrumentality of astir 500%, with dividends reinvested. That bushed the 126% instrumentality of the Nasdaq-100 implicit the aforesaid clip play astir 4 times over.

Related: 5 'Boring' Stocks That Crushed the Nasdaq-100 Over Past 5 Years

CW besides topped immoderate of the best-performing, astir well-known tech stocks successful the satellite implicit the past 5 years. This includes Apple, Microsoft, Tesla, and astir immoderate tech banal you tin name, but mighty Nvidia.

So, however did they bash it?

IMPORTANT: This nonfiction is for acquisition purposes lone and does not represent concern advice. Past show does not warrant aboriginal results. You should behaviour your ain probe and consult a fiscal advisor earlier making immoderate concern decisions.

What Curtiss-Wright Actually Does

Curtiss-Wright is approaching its 100th anniversary, but galore investors person ne'er adjacent heard the name. In a spot of unspeakable timing, the institution began trading connected the New York Stock Exchange connected August 22, 1929, close earlier the commencement of the Great Depression. It survived that conflict and galore others implicit the past century, increasing to an manufacture elephantine with a marketplace headdress of much than $27 billion.

Curtiss-Wright employs much than 9,100 workers crossed 3 main lines of business: Defense Electronics, Naval & Power, and Aerospace & Industrial. These types of products and services are indispensable successful modern society. But a institution that makes things similar "control rod thrust mechanisms" and "propulsion valves" doesn't dependable precise exciting. That is, unless you excavation a small deeper and spot precisely however these products are used.