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The stock you shouldn't sell
And that, dear Fools, is the invaluable lesson I learned from my Dell experience. When you have identified a company with the three keys to greatness -- customer focus, strong financials, and high insider ownership -- you shouldn't let short-term valuation concerns scare you away from multi-bagger returns.
That's the advice I'd give to investors who own shares of Dolby Laboratories (NYSE: DLB), one of the most successful recommendations I've made at Motley Fool Stock Advisor. Although Dolby has tripled since I first recommended the stock to Stock Advisor members in 2006, I think this audio entertainment pioneer still has plenty of room to run.
Dolby has a rock-solid balance sheet, with $779 million in cash and just $7 million in debt. The company generates strong and steady free cash flow, and it has great growth prospects as countries like China, India, and Russia make the transition to digital technology. And best of all, founder/CEO Ray Dolby owns over 50% of the company's shares.
I Wouldn't Sell This Stock if I Were You
And that, dear Fools, is the invaluable lesson I learned from my Dell experience. When you have identified a company with the three keys to greatness -- customer focus, strong financials, and high insider ownership -- you shouldn't let short-term valuation concerns scare you away from multi-bagger returns.
That's the advice I'd give to investors who own shares of Dolby Laboratories (NYSE: DLB), one of the most successful recommendations I've made at Motley Fool Stock Advisor. Although Dolby has tripled since I first recommended the stock to Stock Advisor members in 2006, I think this audio entertainment pioneer still has plenty of room to run.
Dolby has a rock-solid balance sheet, with $779 million in cash and just $7 million in debt. The company generates strong and steady free cash flow, and it has great growth prospects as countries like China, India, and Russia make the transition to digital technology. And best of all, founder/CEO Ray Dolby owns over 50% of the company's shares.
I Wouldn't Sell This Stock if I Were You