Comfort Systems: Another Infrastructure Superstar, A Stock Well Worth Its High Valuation

I found and wrote about a bunch of very fundamentally impressive infrastructure companies. But today’s selection, Comfort Systems, beats them all.

FIX started as an HVAC sub-contractor for non-residential projects. But a successful acquisition program brought it into newer, faster growing areas, including data center electrical work.

The company’s new and expanding modular building business (an industrial version of modular housing but without the trailer park image) is taking off and giving FIX an edge over rivals.

FIX’s spectacular results suggest its claims about treating craft professionals well are not mere puffery but a substantial aspect of its competitive edge.

The stock is not cheap. But in the stock market, as elsewhere, premium merchandise is worthy of a premium price. In terms of growth and company quality, FIX is clearly worthy of a premium.

https://seekingalpha.com/article/4875281-comfort-systems-another-infrastructure-superstar-a-stock-well-worth-its-high-valuation