18 January 2017
By Maynard Paton
Today I’m continuing my hunt for Watch List shares with a look at Softcat (SCT).
Here are the initial attractions that prompted this research:
* Illustrious financial progress: The group claims to have recorded 44 consecutive quarters of organic revenue and profit growth
* Owner-aligned boss: The chief executive has been in charge for 10 years and boasts a 7%/£44m stake
* Straightforward accounts: The books showcase net cash, little capex, sound cash generation and no acquisitions
As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible.