The best-performing U.S. stock over the past 30 years isn’t a household name like Costco Wholesale Corp. or Johnson & Johnson. It’s Balchem Corp. [stckqut]BCPC[/stckqut], up 107,099% since the end of 1985, according to FactSet Research Systems.
You’d never heard of Balchem? I have been an investor in the company for quite some time and it has been on my Watch List on this site. I don’t blame you for not know about the stock though; stocks don’t come much more obscure than this. Based in Wawayanda, N.Y. (population 7,266), about 70 miles northwest of New York City, Balchem makes flavorings, fumigating gases and nutritional additives for animal feed. Its total stock market value is about $1.7 billion.
Since the end of 1985, Balchem has gained an average of 26.2% annually, compared with 10.3% for the S&P 500 and 15.7% for Warren Buffett’s Berkshire Hathaway Inc.