Even fund manager Nick Train has been happy to pay top dollar for the stock
Thursday 15 Oct 2020 Author: Yoosof Farah
Credit checking group Experian ( EXPN ) has always been a premium-priced stock to own, and for good reason too. It’s a business that has long since proven its worth through all market conditions, consistently showing itself to be highly cash generative with low capital intensity, underpinned by its high quality recurring revenues and remarkably consistent earnings throughout market cycles. Even the coronavirus pandemic has failed to dampen expectations,...