The 9th stock in our annual Christmas Countdown is MOCON (MOCO) an all-time favorite of champion long-term investor Charles Allmon. MOCON is the type of company that can provide a solid contribution from smaller (and generally faster-growing) companies as we balance our selections.
And in this case, MOCON makes measurement, analytical and monitoring consulting products and services worldwide.
A little monitoring seems to be in order for one of our countdown favorites featuring the calling birds in the accompanying image. I could be wrong, but I think the solitaire-playing calling bird has a bluetooth. (Grin)
I think MOCON is suffering one of those occasional speed bumps that any and all companies experience during their life cycle. 2012 will be unkind. But it’s interesting to note that the “P” has not fully followed the “E” in the visual analysis. That’s an indication of faith in the long term and a return to the longer term trend for the core characteristics.
MOCON also gives us the chance to nod in the direction of Charles Allmon. Chuck, known by many of us as dancing bear — is clearly one of the most successful stock pickers that few know and/or talk about. I know that many of you are an exception to that and celebrate/cherish Chuck’s contributions to the pages of Better Investing magazine over the years.
A little while ago we looked at a portfolio published in Forbes near his the date of his retirement and we can still marvel at the results and track record.
MOCON wasn’t in this Growth Stock Outlook feature, but ISNS (a fairly similar company) was. The portfolio has been captured and preserved at:
http://www.manifestinvesting.com/dashboards/public/dancing-bear
Since November 2008, $1200 has become $3604 … an annualized rate of return of 30.8% and a relative return of +10.3% versus the Wilshire 5000. Yes, Virginia, you’re permitted to applaud.
When it comes to stock selection and phoning-a-friend, the smartest calling birds that I know would dial up Charles “Dancing Bear” Allmon in a heartbeat.
Expecting Alpha 