We might call The Toro Company (TTC) the very model of a Buffett Munger company, with its ability to consistently grow its bottom line and a valuation of less than 1, indicating it is currently undervalued. Although it appears the two gurus don’t own any Toro stock at the moment, the company should get the attention of investors who follow the legends at Berkshire Hathaway (BRK.A) (BRK.B).
Toro is the company that makes those ubiquitous mowers, snowblowers, and more. Its products are a staple on thousands of golf courses, landscaping projects, and even residential lawns. While America is its home turf, so to speak, it’s increasingly appearing on golf and landscape projects internationally. Continue Reading »