As the Dow continues to flirt with 20,000, here are three strong companies to snatch up if the market offers a discount in the months ahead. - From The Motley Fool
The above figures merely scratch the surface of a boring but promising company.
In fact, in part thanks to SediVue, IDEXX's premium diagnostic instrument placements grew 18% during the third quarter, which helped drive organic revenue 15% higher.
The Israel-based company is a leading supplier of software that enables advanced driver assist systems, known as ADAS, and boasts more than 25 automaker partners.
Because of that, the company was able to produce a spectacular gross margin of 75% in 2015 with EBITDA margin at 52% and an adjusted return on invested capital above 40%.
The company generates almost all of its revenue from unreserved auctions in which it charges commission to sellers and a fee to buyers, which generally combine to be 11%-12% of the equipment's final sale price, according to Morningstar -- not a bad day's work.