I would love to be a shareholder in this company. It has a superb record… it is highly profitable… it pays a handsome dividend… it has cash in the bank…. and it is a global leader with every chance of growing its business both this year and for several years to come.

Around this time last year, the nation’s investment experts all started to point out how cheap the big FTSE 100 stocks looked and to suggest that we all switched out of smaller companies and into blue chips.