Thursday, January 3, 2013

Investopedia: Middleby Launches A Viking Raid

Middleby (Nasdaq:MIDD) is a pretty remarkable company (and stock) by most standards. Blending internal product development with a steady stream of acquisitions, the company has built itself into a major restaurant equipment player. Along the way, revenue has grown at an average rate of nearly 16% over the past decade, while the stock is up more than 18,000% from 1992. This is not a cheap stock, though, and investors may have reason to ask whether this latest deal doesn't carry more risk than past tuck-ins.

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