The Middleby Corp (NASDAQ:MIDD)

CAPS Rating: 5 out of 5

The Company designs, manufactures, markets, distributes and services of a line of cooking equipment and related products used in all types of commercial restaurants, institutional kitchens, and food processing operations.

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Player Avatar joryko (98.67) Submitted: 7/23/2013 6:25:09 PM : Outperform Start Price: $61.78 MIDD Score: +2.29

I see Middleby as a great opportunity to get into the Food and Dining industry, without having to deal with the ups and downs that are the Food and Dining industry. While certain restaurants may come and go with time, chances are Middleby and their equipment will be there to stay.

Already being the #1 provider of dining equipment to almost every dining segment, the company's strong management is allowed to focus on increasing its market share and maintaining product quality.

Despite trading 10% over its Eddy Elfenbein simple stock valuation, I believe today's current price is fair enough for me to jump in on.

While many restaurants will come and go, proving to be fads individually, the restaurant concept as a whole will continue to thrive, leaving Middleby in a beautiful spot to prosper.

5+ year outperformer and a thank you to The Motley Fool and Mr. Gardner for bringing this one to my attention.

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