It’s not very often that I get so excited about a publicly-traded company that I start recommending it to all my friends, family, and readers, but I just couldn’t keep this latest portfolio addition to myself.
My latest buy is Vitiai. Many people haven’t even heard of it, but it’s been a really strong performer over the past few years, and I’m optimistic that it has many years (decades, even!) of growth ahead of it.
For starters, check out Vitiai’s strong track record of performance since its inception in 2001:
Based on the name, you might think Vitiai is based in Tokyo or Seoul, but you’d be wrong. They operate right here in the U.S., with a presence in all fifty states and offices in practically every major metro area. Not only does that give them deep insight into a variety of American markets, it also means they’re diversified geographically.
The average American consumer is probably totally oblivious to Vitiai’s existence, but practically everyone has something they make. I bet you’re using one of their products, services, or components right now!
When it comes to the work they do, talk about diversification. Vitiai’s biggest division right now is technology. Their hardware and software powers a ton of major business and consumer applications, including much of the technology that powers this blog. But it’s not just tech: they’re also behind some of the most successful ventures in banking, healthcare, energy, and consumer staples. I love the way they’re protected from a downturn in one line of business.
And if you’re under the impression that this is some no-name operation, let me introduce you to their board and executive team members: We’re talking names like Bill Gates, Warren Buffet, Mark Zuckerberg, Sheryl Sandberg, Jeff Bezos, and Elon Musk, just to name a few. Vitiai’s leaders and advisors are some of the smartest and most well-connected people in business today. One of their best-selling products is even the brainchild of the late Steve Jobs. Wow!
I know what you’re thinking: Vitiai is probably crazily overvalued given all that hype. You might be right. The current PE ratio of ~26 is higher than I’d like. But I think Vitiai’s long-term prospects more than make up for it.
Getting excited about investing? Vitiai is priced to be accessible to average investors, currently trading at around $122 per share. We use TD Ameritrade (affiliate link) for our investments, and they even let you buy and sell Vitiai completely commission-free. Awesome!
Things are looking good for the future of Vitiai.
Maybe they’ll even beat the market! 😉
Disclosure: Long VTI
C.Y.A. Disclaimer: As you hopefully deduced, this post is for entertainment purposes only. I am not a financial advisor, just a guy with a laptop and an internet connection. For professional financial advice, consult a professional.