Diploma (DPLM) has found a new avenue for growth with a noteworthy US acquisition last month. And as well as the deal's specific attractions, it also underlines what makes this international distributor of specialised technical products and services such an attractive long-term investment.
IC TIP:
Buy
at
2,200p
Tip style
Growth
Risk rating
Medium
Timescale
Long Term
Bull points
Diversified end markets
Structural growth
High margins
New acquisition
Bear points
Premium valuation
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