7investing Lead Advisor Simon Erickson’s top stock to buy in March 2022 is a profitable leader who’s benefiting from a global monopoly.
March 1, 2022
“Monopoly” may be a lovable board game from your childhood. At least until you roll the dice and land on a fully-loaded Boardwalk.
And for investors, “monopolies” are even better. They indicate that a company has exclusive access to provide important things that its competitors do not. Those can give it strong pricing power and the captive attention of its customers that lasts for several years or even decades.
7investing lead advisor Simon Erickson’s Top Stock for March 2022 is a global monopoly, boasting an 80% market share in its niche industry. It is extremely profitable and is gushing cash, which it’s sharing with investors through generous buybacks and dividends.