The Convenience Store King That Keeps Growing Through Smart Acquisitions: Alimentation Couche-Tard

The convenience industry is very fragmented which presents a great opportunity for large consolidators such as Alimentation Couche-Tard. We believe the company is an industry leader trading below fair value and that it is a prudent bet on two young and exciting industries. Alimentation Couche-Tard saw record earnings and free cash flow this year despite COVID-19. Keep reading to find out what else makes Alimentation Couche-Tard a great stock to buy for the long term.

Alimentation Couche-Tard (OTCPK:ANCUF, TSX: ATD.B) is a global leader of the recession-resilient gas station and convenience store industry. We believe the company will see tremendous growth despite its already massive size. Its acquisition-heavy (but prudent) strategy is exactly what is needed to trigger growth in its fragmented industry. With over 14,000 stores, it has the economies of scale to give it a strong competitive advantage over its rivals. In addition, the company will further boost growth by tapping into the cannabis and EV markets. Alimentation Couche-Tard is a large cap stock with the growth of a small cap. 

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