Cintas Corporation: Valuation Has Become Really Expensive

I recommended a buy rating for Cintas Corporation (NASDAQ: CTAS ) when I wrote about it in January, as I expected revenue growth to accelerate and margin to continue expanding. Based on my current outlook and analysis, I I consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of co ...