Given the sorry state of the market these days, lots of investors are looking for so-called “recession-proof” investments - companies that will perform consistently in bull runs and bear markets to keep their money secure. What better place to look than a company that dedicates itself to safekeeping? Iron Mountain (NYSE:IRM) helps customers store and discard paper documents securely. In effect, this means driving a van to a customer’s location, filling it with documents in boxes that IRM has sold to its customers, then driving them to a secure location to be retrieved when the company needs them, or shredded when the docs have outlived their usefulness.
(more…)
More on this topic
(What's this?)
Can Iron Mountain Keep Investors Safe from a Recession?
(The Wikinvest Daily Angle, 7/28/08)
Iron Mountain breaking out - should you invest?
(Trade Radar, 1/12/10)
(IRM) Iron Mountain Analyst Restates Neutral Rating
(Stock Blog Hub, 3/9/10)
