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The Company is a distributor of air conditioning, heating, and refrigeration equipment and related parts and supplies in the United States.
Watsco is an extremely shareholder friendly company. Management salaries are reasonable and teh company does not award huge amounts in options to Top Management. I bought 300 shares of WSO for $9,000 in 2004 when it was recommended by Motley Fool as "Top Ten Stocks" to Buy for the year (way before I subscribed to any Motley Fool publication). Today with reinvested dividends, my WSO stocjk is worth over $32,000 (3.5 bagger after 8 years). Looking forward, there will always be a demand for air conditioning products even more with warming wather trends.
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