Comment on The Motley Fool: Socially responsible companies

The Motley Fool: Socially responsible companies

The top 10 companies for 2017 are Hasbro, Intel, Microsoft, Altria, Campbell Soup, Cisco Systems, Accenture, Hormel Foods, Lockheed Martin and Ecolab. The 2017 World's Most Ethical Companies list, via Ethisphere.com, includes names such as 3M, Aflac, Allstate, Colgate-Palmolive, Deere, Dell, Eli Lilly, Ford, GE, Kellogg, L'Oreal, Levi Strauss, LinkedIn, Marriott, MasterCard, Microsoft, PepsiCo, Royal Caribbean Cruises, Starbucks, T-Mobile, Target, UPS, USAA, Visa, Volvo, Wyndham and dozens more. According to Fidelity Investments, an average 65-year-old couple retiring this year will spend about $260,000 on health care in retirement - not counting the cost of long-term care. IRM core business is providing storage, primarily of records, and information management services to companies and government organizations. In 2014, the company reorganized into a real estate investment trust (REIT). What's wonderful about the storage business is that customers are willing to sign multiyear agreements to help keep their documents safe. Management plans to steadily increase revenue and profits between now and 2020, in part via $100 million in annual spending on acquisitions and expanding its capabilities in art storage and data-center management. Documentation management and storage is boring, but boring businesses that crank out predictable profits can be great investments.

 

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