Jon Quast

That's one of the best gross profit margins in the shoe business industry.

Third, it has a debt-free balance sheet.

And if you think about maybe challenging economic times, I think that you want a company with a strong financial position, a strong balance sheet, and Deckers has that.

And then finally, management routinely repurchases shares that boost the profit per share profits at a better rate than revenue.

And so I think Deckers can be a solid performer from here.

The other one that I would point out for our – oh, and that was symbol D-E-C-K.

And the other one I would point out here is Casella Waste Systems, and this is ticker symbol C-W-S-T.

I would have said waste management here, but I know that our listeners like more hidden stocks, and so I wanted to point out Casella.

This does very similar thing to waste management.

I mean, it's garbage, it's recycling, it's transfer stations, it's landfills, all this stuff.

But it's not as big as some of the other players in the space.

Because of that, it's been able to systematically gobble up competitors in its Northwest USA region, kind of bolt on these other companies.

So it's spent about $2 billion since 2018, acquiring a billion dollars in annual revenue.

So pretty good deals.

And it's been able to grow its profits because oftentimes these are adjacent markets and it can enjoy some cost synergies there.

So, you know, a business like this, very resilient to economic pressures.

We have to take out the trash regardless of what the stock market is doing.

And it's down about 30 percent right now from its all time high.

And that's its largest pullback in over a decade.

So I feel like that's a timely stock to bring out.