My Personal Favorite: Preformed Line Products (PLPC)

Preformed Line Products (PLPC) has been paying dividends every three months from day one. Their financials are stellar, with growth year over year. And, best of all, insider ownership is very high.

This really is one of my favorite companies. They’re one of those behind the scenes businesses that are integral to our society, yet no one really knows about.

PLPC designs and manufactures all the little gizmos and widgets that keep our electrical and communications infrastructure connected. Things like connectors and splicing ends for fiber optic cables and coax; wire grips and braces, protective wire or cable coverings… spacers, dampers, compression fittings, etc.
Basically all the little bits a pieces that help connect and stabilize our communications and electrical infrastructure

And they deal with public and private energy utilities and communication companies like cable operators, financial institutions, governmental agencies, contractors and subcontractors.

also, recently:
Preformed Line Products (PLPC) acquired Direct Power and Water Corporation on April 13th 2007 and formed a new division of PLPC, PLP Solar. That added a whole new line of revenue and a whole new area of expansion that’s related to their main business.

Really, this is a super awesome value. If I could own stock in only one company, it’d be this one.

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