Core Idea - The article emphasizes the investment philosophy of Thomas W. Phelps, particularly his book "100 to 1 in the Stock Market," which advocates for buying exceptional companies early, holding them with discipline, and allowing compounding to generate wealth [1][4][6]. Phelps's Investment Framework - Phelps's framework focuses on identifying companies with durable advantages, such as network effects, proprietary know-how, and advantageous cost structures [8]. - The importance of verifying a large addressable market that allows for long-term compounding without hitting a wall is highlighted [8]. - Present-tense profitability is essential; Phelps preferred companies that generate cash rather than speculative ventures [8]. - The article suggests buying companies when their narratives are still forming, favoring modest valuations over those priced for perfection [8]. - A strategy of doing less is recommended, as holding onto winning investments can lead to tax deferral and reduced errors [8]. Current Investment Candidates - The article lists 25 companies that fit Phelps's criteria, categorized by how they create competitive advantages rather than by index labels [9]. - Companies in the construction and infrastructure sector, such as EMCOR Group and Quanta Services, are noted for their execution capabilities and ability to convert backlog into cash [10][11]. - Precision manufacturers like Celestica and Fabrinet are recognized for their high returns on capital and asset-light models [12]. - In network infrastructure, Arista Networks and Super Micro Computer are highlighted for their strong positions in high-speed switching and AI hardware, respectively [13]. - Companies in the materials sector, such as Martin Marietta Materials, are noted for their pricing power and local monopolies [14]. - Engineering firms like WSP Global are recognized for their expertise and customer relationships in regulated markets [15]. - Consumer brands like e.l.f. Beauty and Academy Sports are mentioned for their market share growth and operational efficiency [16]. - Specialty finance companies like FirstCash and software firms like Agilysys are noted for their cash generation and growth potential [17]. - Internationally, utilities like Sabesp and fintechs like StoneCo are highlighted for their governance and profitability improvements [18]. - UK companies like Spectris and Halma are recognized for their consistent acquisition strategies and operational excellence [19]. Conclusion - The article concludes that the focus should be on finding real engines of growth and sizing investments appropriately to endure market volatility, allowing time to enhance value [22].

Group 1 - Halma (HLMAF) is currently outperforming its peers in the Industrial Products group, with a year-to-date gain of approximately 26.8% compared to the average gain of 8% for the sector [4] - The Zacks Rank for Halma is 1 (Strong Buy), indicating a strong potential for outperformance based on earnings estimate revisions and improving earnings outlooks [3] - The Zacks Consensus Estimate for Halma's full-year earnings has increased by 8.2% over the past three months, reflecting stronger analyst sentiment [4] Group 2 - Halma is part of the Security and Safety Services industry, which includes 16 companies and is currently ranked 184 in the Zacks Industry Rank, with an average gain of 10.5% this year [6] - Another stock in the Industrial Products sector, The Japan Steel Works, Ltd. (JPSWY), has also outperformed, with a year-to-date increase of 60.7% and a Zacks Rank of 1 (Strong Buy) [5] - The Manufacturing - General Industrial industry, which includes The Japan Steel Works, is ranked 33 and has seen an average gain of 7.1% since the beginning of the year [7]

Dublin, July 18, 2025 (GLOBE NEWSWIRE) -- The "Eye Spear Market (By Product Type, Segment, Application, End-User, Sales Channel, Regional Analysis), Company Profiles, Eye Spear Product Details, Pictures, Recent Developments and Market Dynamics - Global Forecast (2025 - 2032)" report has been added to ResearchAndMarkets.com's offering. The global eye spear market is projected to reach US$ 265.6 Million by 2032, from US$ 162.7 Million in 2024. The application of eye spears extends across a range of surgical ...