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Gordon Pape: This stock is boring but profitable Add to ...

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Sometimes the best choices for income investors are boring securities that no one has ever heard of. They aren’t exciting, they don’t generate dinner conversation, in fact they’re plain dull. All they do is provide steady profits. For most income investors, that’s enough.

Recently, a reader suggested I take a look at a company called Intertape Polymer, which had never surfaced on my radar screen. It fits the boring/profitable profile very nicely. Here are the details. Prices are as of the market close on March 18.

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