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Devon-Energy  on October 1, 2023


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ESAB (NYSE:ESAB) Is Doing The Right Things To Multiply Its Share Price - Yahoo Finance

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So on that note, ESAB (NYSE:ESAB) looks quite promising in regards to its trends of return on capital.

Yahoo     Oct 01, 2023