I often read people recommending the "boring" industrial compounders.
Do you have any industrial companies you find both good and interesting in their business model, management, speciality, and so on?
I have a full watchlist of companies I look at, and many are industrials like Idex Corp., Atlas Copco, Schneider Electric, Cintas, Ecolab, Veralto, SPIE SA and Copart.
I find Idex particularly interesting, with its mission-critical components notably used by firefighters but also components used in space exploration.
For management, I know Copart is highly regarded, but I really like Cintas. They avoid outside consultants, and their compensation systems and training manuals were all developed internally. Most of their top executives started in the field.
Curious to hear yours; maybe explore some more and add a few in my watchlist :)