Ecolab (ECL) Stock May Be Fully Priced After Its 59% Run

Ecolab has delivered a strong share price outcome in recent years, and that kind of performance naturally raises a simple question for you as an investor. Is the current valuation still grounded in the cash flows that the business can generate, or has sentiment moved ahead of the underlying economics? The stock has returned 59.2% over the past 3 years, which puts real weight on whether the underlying cash generation justifies that kind of outcome when you buy in today. Ecolab’s model, built...