Service Corporation International (NYSE:SCI)
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The Company is a provider of deathcare products and services, with a network of funeral homes and cemeteries. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, crematoria, and related businesses.
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We all will face two events in the civilized world; deaths and taxes. SCI is a mortuary business. It is recession proof and on its way back up. Several years ago it was a high growth businees that grew faser than it was ready to. International expansion including Europe and other international deals increased debt and different cultures trest death differnt. SCI had to exit a number of business from the $40 range only a couple of years earlier. Income and profits have on a steady rise over the last three or four years,