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The key to long- term success in any cyclical industry is superior profit margins.
Historically, small stocks have tended to outperform when they are delivering superior profit growth.
Firms with capability to control scarce and unique resources have more opportunities to achieve superior profit.
With a history of above-average growth and superior profit margins, CRH is well positioned as recovery extends overseas.
Firms with capability to control unique resources and to handle market power have more opportunities to achieve superior profit.
Characteristics we seek in an industry leader include: * Superior profit prospects, with per-share-earnings growth expected to outpace industry averages.
Similar(51)
Clearly, customer loyalty is a key to sustainably superior profits.
Customer loyalty appears to be the only way to achieve sustainably superior profits.
Most home traders do not generate greater sales volumes than high street retailers, or the supposedly "superior profits".
That is, customers who generate superior profits for a company should enjoy the benefits of that value creation.
By an overwhelming margin, exceptional companies garner superior profits by achieving higher revenue than their rivals, through either higher prices or greater volume.
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