Growth Investing

An unprecedented level of industrial expansion during the past two decades has not only made China wealthy. It’s made the country really dirty. Now comes the clean up. Years of industrial growth, largely powered by coal, have left China choking in smog. Cities smolder… Read More

“Give me a lever long enough,” said Archimedes, “and a place to stand, and I will move the world.” If the old Greek were alive today, he might well work for Fluor (NYSE: FLR, $41.95), one of the world’s largest public engineering and construction companies.  Fluor designs… Read More

Emerging markets have been the success story of 2009. While more developed economies such as the United States and Europe have struggled to recover, countries like Brazil, Russia, India and China are on a roll. Country (… Read More

Something’s got to give. At a time when the aging of the U.S. population is beginning to accelerate, the construction pace of new housing and care facilities for seniors is shrinking. Between 2010 and 2020, the number of Americans 65 and older will grow +36%, compared with a growth rate… Read More

Some things are universally true. No one ever went broke taking a profit, for instance. Also: Companies that offer lower costs always have a significant competitive edge. This is becoming especially true for companies in the health-care field as cost becomes an ever… Read More

People in the United States only hear about “the middle class” in an election year, when candidates promise not to raise taxes. The rest of the time, Americans don’t think much about the middle class, even though that’s where most people find themselves. That hasn’t been the… Read More