Sometimes, the most boring stocks can produce the most exciting results.

Look at EnviroStar (EVI) for example.

The company distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers in the United States, the Caribbean, and Latin America. It also supplies replacement parts and accessories; and provides maintenance services.

That’s about as boring as you can get.

You don’t see many investors running to invest in laundry.

But those that pay close attention to incredible fundamental growth do.  As boring as the company looked from the outside, inside was powerful growth we just couldn’t ignore.

Early-2013, shares of EVI were being snubbed my most Wall Street firms.

Yet behind the scenes, earnings were quietly exploding.  Quarterly revenue had just jumped 30% to $6.44 million. Net income was up 713%.  So, in the June 2013 issue of The Cheap Investor we recommended that subscribers buy the stock at $1.57 a share.

EVI would go on to hit a high of $36 for a potential return of 2,193% in just over four years.

Every $5,000 invested was now worth $114,650, proving that fundamental growth in even the most boring of stocks can be very profitable.

To this day, shares of EVI show no signs of slowing down.

For its fiscal year, ended June 30, 2017, revenue was up 161% to $94 million.  Operating income soared 92% to a record $5.4 million.  Net income was up 82% to $3.2 million.

Adjusted EBITDA soared 123% to $6.3 million, as EPS jumped 24% to 31 cents.

Henry M. Nahmad, EVI’s Chairman and Chief Executive Officer stated:

Our focus on delivering high growth in revenues and profits by executing our unique buy and build strategy was transformational for the Company during fiscal 2017. We are excited about our acquisition and organic growth opportunities, including the contemplated acquisition of Tri-State Technical Services, Inc., which we believe will continue this trend in fiscal 2018.

And to think this was a $1.57 stock in 2013.

Opportunities like this one are not easy to find, but that’s what we do so well.  As a matter of fact, The Cheap Investor just unveiled several new opportunities in the October 2017 issue found here: https://www.thecheapinvestor.com